Get started for free

Rent reporting is on us. Upgrade with bills for $7/month. No upfront fees. No credit check.

Progress in days, not years

Get ahead faster: report up to 24 months of past payments, too. No extra cost.

Only on-time payments are reported

If you paid late or missed a bill, don’t worry—it’s not included in reporting.

All work, no progress

You deserve credit for paying rent.
And also yourphone bill. And you know what? Your electric bill, too. Orwater bills,gas bills, your pick.

Your regular payments are a powerful way to build credit history

Payment history is 40% of your credit score

Show lenders you’re good at being consistent. No extra debt required.

Source: TransUnion

97% of renters agree

They saw reporting payments as a good way to build credit.

Source: Credit Builders Alliance®

It can have real results

Reporting on-time utility payments can help build credit history to improve your score.

Source: CFPB

How it works

Make progress with your existing bills

Choose what to report

Using your linked bank account, we’ll find eligible recurring payments. You’ll select the bills or utilities you want to include: water, gas, phone, electric—fair game.

We’ll report your payments to TransUnion

Missed one or paid late? All good—those aren’t reported.

Only on-time payments are reported to TransUnion.

Build credit history

Payments are reported to TransUnion. Stay consistent to see results over time. FYI: Credit bureaus take 30-45 days to update your report.

Get up to 24 months of history included—no extra cost

That means faster progress showing credit bureaus you’re consistent.

Compare plans and pricing

Comparison

Product

Rent Reporting

Bill & Rent Reporting

Rent and Bills Reporting

Monthly cost

Free

$7/month

$6.95/month

24-month history

Rent included

Bill & Rent included

Additional $49.95

Credit Bureaus

TransUnion

Bills: TransUnion  
Rent: All 3 Bureaus

You’re already making payments. Now get credit for them.

Join over a million customers

Unexpected expenses can hit. It can turn into a spiral. That's just a part of being a mom. That's when Possible helps the most.
Keianna
Member Since 2023
What drew me to Possible was how upfront and easy it was. There was no mystery as to what the interest rates were.
Austen
Member Since 2019

Getnotified when we launch new features & more

Drop your email for access to financial tips, updates on our latest technology and more.

Frequently asked questions

What is Bill & Rent Reporting?

Bill & Rent Reporting turns your everyday rent and bill payments into credit history by reporting them to TransUnion. Instead of taking on new debt to build credit, you get credit for payments you're already making—like rent, utilities, and phone bills. Rent reporting is free, including up to 24 months of past payments.

How does bill and rent reporting work?

When you enroll, we use your connected bank account to identify eligible rent and bill payments. You choose which payments to report. We then send your on-time payment history to TransUnion, where it appears on your credit report as payment history. Payments are typically reported within days of enrollment. 

Is rent reporting really free?

Yes. Rent reporting is free, including up to 24 months of past rent payments subject to payment verification. There's no monthly fee, no signup cost, and no charge to include up to 24 months of past payments. To add utility and phone bill reporting, you can upgrade to the paid plan for $7/month.

Sometimes I pay late. Will this affect my credit score negatively?

No. We only report on-time payments to TransUnion, never missed or late payments. This means reporting bill and rent can only help build your payment history, not hurt it. If you miss a payment, we simply don't report it. Closing the account may result in a temporary decrease. 

Can I report past payments?

Yes. When you enroll in rent reporting, we automatically include up to 24 months of past on-time rent payments at no extra charge. If you upgrade to bill reporting for $7/month, we'll also report up to 24 months of past utility and phone bill payments.

How long does it take to see results?

Your payments are typically reported to TransUnion within days of enrollment. However, credit bureaus may take 30-45 days to reflect the account on your report. Every individual has a different credit profile, so results are unique.

What types of bills can I report?

You can report rent from one primary residence, utilities (gas, electric, water), or telecom service (phone or internet). Rent reporting is free. Utility and telecom reporting requires the paid plan at $7/month. All reported payments must be verifiable through your connected bank account, subject to payment verification.

Do I need good credit to sign up?

No. Bill and rent reporting works for any credit profile, including people with no credit history or those rebuilding credit. The benefit is designed to help you build payment history regardless of your current credit score. You just need eligible rent or bill payments to report.

Can I cancel anytime?

Yes. You can cancel bill and rent reporting anytime with no penalty or cancellation fee. If you're on the paid plan, you won't be charged again after cancellation. Your previously reported payments will remain on your TransUnion credit report even after you cancel.

Will it hurt my credit?

Enrolling in bill and rent reporting can help build your payment history, not hurt it. We only report positive, on-time payments. Missed or late payments are never reported to credit bureaus. This type reporting means there's no risk to your credit score, other than if you ever close the account. Closed accounts result in a temporary dip, not a permanent one. As for how much it’ll help, credit scores depend on many factors and results may vary for each individual.

The latest on all thingsPossible

Series

Articles

1:46

Do You Need to Carry a Balance to Build Credit?

Extra Credit

More series

The History of Credit: From Trust-Based Borrowing to Modern Credit Scores

Financial Wellness

minute read

Credit Questions & Answers (Part 1)

Financial Wellness

minute read

Credit score myths, debunked: learn how your credit score works

Financial Wellness

minute read

Read them all

One app for loans, advances and building credit history

Explore Possible

All products are subject to eligibility and approval by Possible Financial Inc. dba “Possible Finance” and “Possible” or its banking partner Coastal Community Bank. Eligibility for a product is not guaranteed.

For Loans, Possible Finance has direct lending licenses in AK, CA, HI, ID, NV, UT and WA. Idaho Residents: License #RRL-10073; Louisiana Residents: License #1697898; Nevada License #CDTH11200; Ohio Residents: License #ST.760161.000; Washington License #530-CC/SL-111888. California Residents: Possible Finance is licensed by the Department of Financial Protection and Innovation, pursuant to the California Deferred Deposit Transaction Law, License #10DBO-105848.

Loans in AL, AR, AZ, DE, FL, IA, IN, KS, KY, LA, MI, MO, MS, MT, NC, NE, NH, OH, OK, OR, RI, SC, TN, TX, VA, VT, and WY are made by Coastal Community Bank, and serviced by Possible Finance. Texas Residents: Possible Finance is a licensed Credit Access Business; License #1800061850-160823.

*Funding usually within minutes but may take up to 5 days.

^Loan amounts & structure vary by state.

°Possible uses fee and payday loan usage information from the Consumer Financial Protection Bureau, Center for Responsible Lending, Pew Charitable Trusts, and the Consumer Federation of America to arrive at our Fees Saved Calculation. Savings based on the maximum fees Possible could have charged customers over the typical payday loan term, including late fees, insufficient funds fees, etc. Results will vary.

¨See possiblefinance.com/samplepaymentschedules for rates & terms examples.

ˇReal customer compensated. Results may vary.

˘Possible Loans offer up to 29 days of payment flexibility from original due date.

All trademarks and brand names are property of their respective owners. Use of them does not imply any affiliation with or endorsement by them.

If you have questions or concerns, please contact the Support Team at support.possiblefinance.com

Mailing Address: Possible Finance, PO Box 98686, Las Vegas, NV 89193