We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Rental Exchange Scheme: Credit Ladder

Options
Hi,
Does anyone have a info on this subject. I have been paying my rent via credit ladder, a scheme to enable my rent payments to be reported to Experian, with the purpose of improving my credit score in time.
I have been doing this since July 2017. None of these payments are yet visible on my report. Experian have changed the 'go live' if you like date twice. Originally it was Dec 17, and then end of Feb 18. As we are now in April, I'm wondering when this will happen? I understand that creating a new rent reporting system takes time but Experian are still unable to specify a date. Anyone still waiting for their rental info to be loaded?
Many thanks,

Comments

  • ywlgy
    ywlgy Posts: 146 Forumite
    Fourth Anniversary 100 Posts
    The only thing you can do is to wait...and maybe ask experian directly. No one else knows...
    In the meantime, why not take out a SIM contract and/or credit card and manage them well.
    You don't have to rely on this to improve your credit history
  • Yes I will wait for it to be loaded. I'm currently using a credit card wisely, so hopefully that'll build up my score in time.
  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    It'll build your history, which is the important thing. It'll probably reduce your score, but that's fine, as it's fictional.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.