BoomPay
Build credit with rent.
Overview
BoomPay is a mobile application that allows renters to build their credit by reporting their rent payments to all three major credit bureaus: Experian, TransUnion, and Equifax. The app is designed to be simple to use, and it can report both past and ongoing rent payments. BoomPay aims to make credit building accessible and easy for renters.
✨ Key Features
- Rent reporting to all three major credit bureaus (Experian, TransUnion, Equifax)
- Reports up to 24 months of past rent payments
- Ongoing monthly rent reporting
- Mobile app for easy management
- No landlord involvement required
🎯 Key Differentiators
- Reports to all three major credit bureaus
- Low monthly cost
- Mobile-first approach
Unique Value: Offers comprehensive rent reporting to all three credit bureaus through a convenient and affordable mobile app.
🎯 Use Cases (3)
✅ Best For
- Improving credit scores by adding a positive tradeline
- Establishing a credit history for those who are credit invisible
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Individuals who do not have a consistent rent payment history
🏆 Alternatives
Provides reporting to all three bureaus at a lower price point than many competitors.
💻 Platforms
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
💰 Pricing
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