Using rent to increase credit score

nnb

I have been looking at ways to get my credit score as high as I can... One of the things I have read about is using rent payments.

I haven't heard of it before, so am after some opinions! The way I have read it is that you sign up and let them know what you pay (landlord doesn't need to know) and as long as you pay your rent in full and on time, it will help boost your rating.

Is this true? Has anyone used this? What are your thoughts?

Bamber19

http://www.moneysavingexpert.com/mortgages/rental-exchange-scheme

Some info on it there

nnb

Bamber19 wrote: »

http://www.moneysavingexpert.com/mortgages/rental-exchange-scheme

Some info on it there

I'm after some thoughts from people on here who have tried it - I've already read about it, as I said

forgotmyname

Your Landlord does need to know. Their terms are you need the Landlord or lettings agent have given consent.

What if the payment system fails and your rent is late? Who is liable?

Sub prime credit card would make more sense to me. Get a card ans use it wisely always paying it off in full.