Once your first rent payment has been read it will take approximately 8 weeks for this to appear on your report;

You can see an example of how rent payments will be recorded below:

Source: Experian  

You can see an example of how rent payments will be recorded below:

Source: Equifax

Read more: www.which.co.uk/news/2018/10/experian-credit-reports-to-include-rent-payments-for-the-first-time/ - Which?

You can see an example of how rent payments will be recorded below. It would display "Property Rental" as opposed to "Other accounts":

Source: TransUnion

Credit score

  • Equifax and TransUnion are including rental data in their consumer credit score.

  • Your rental payment history will be available to credit providers to help them make more informed lending decisions.

  • It will take time for Experian to create a robust Experian Credit Score based on rental data. 

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