Credit Building for Renters | Report Rent Payments | Wollit

Key takeaways

Rent payments can now be reported to Experian and Equifax to build your credit history
Homeowners automatically build credit through mortgage payments — renters deserve the same
No landlord permission needed; we verify rent through Open Banking
Rent reporting adds positive data to your credit file every month
Setup takes about 2 minutes with no credit check to join

Homeowners build credit. Renters get nothing.

Without rent reporting, you might pay £1,000 a month — £12,000 a year — and your credit file shows zero benefit. That's £12,000 a year proving you're financially responsible, going completely unrecognised.

Meanwhile, every mortgage payment automatically builds credit history. Same monthly commitment as rent — but homeowners get 12 positive data points per year. Until now, renters couldn't level the playing field.

The maths: your rent = credit history

Every rent payment is proof you can handle regular financial commitments. If you pay around £1,000 a month in rent, that's 12 data points per year reported to 2 credit agencies (Experian and Equifax). Rent reporting proves to lenders: “I can handle mortgage-sized payments.”

Read our guide to improving your credit score as a renter →

Three steps to start building credit

Connect your bank — we use secure Open Banking to verify your rent payments. Takes about 2 minutes. Read-only access.

We verify your rent — we identify your rent payments from your bank transactions. No landlord involvement needed. Works with any landlord.

Monthly reporting — each month, we report your rent payment to Experian and Equifax.

How Wollit helps renters

Your rent is already proof you can handle regular payments. We make sure lenders can see it.

Rent reporting

We report your rent to Experian and Equifax every month. Money you’re already spending, now building your credit.

Payment reporting

Your £9.99 monthly subscription is reported to all three credit agencies. That’s 12 extra positive entries per year.

No credit check

We don’t check your credit to join. Your current score doesn’t matter.

What members say

The rent feature is a game changer

Being able to report my rent payments has been a game changer. Finally getting credit for something I already pay.

Chloe Jackson

Great for renters

As a renter, this is perfect. My rent payments now count towards building my credit score.

Harry Scott

Amazing that rent counts towards credit

It is so simple to use and amazing that your rent counts towards your credit score.

Gemma Booth

FAQs

Do I need my landlord's permission?

No. We verify rent payments through your bank transactions using Open Banking. Your landlord isn't involved and doesn't need to sign anything.

Which credit agencies do you report to?

We report rent to Experian and Equifax. TransUnion doesn't accept rent data. Your subscription payments are reported to all three credit agencies.

Does this work with housing associations or councils?

Yes. As long as the rent payment shows in your bank account, we can report it — whether you rent privately, through an agency, or from a council or housing association.

How far back can you report?

We report from the month you join onwards. We can't backdate historical rent payments, so the sooner you start, the sooner you're building credit.

What if I pay rent to a housemate?

This works best when you pay a landlord, letting agent, or housing provider directly. Payments to housemates are harder to verify as rent.

Will this definitely improve my score?

Adding positive payment data typically helps, especially if you have a thin credit file. Results vary based on your overall credit profile.

Tools & resources

Understand where you stand and what to focus on.

GlossaryUK credit terms like utilisation, hard searches, and affordability Credit score rangesHow each credit agency scores you and what the bands mean Check my scoreA quick way to understand where you stand and what to focus on next

Related resources

First-time buyers — get mortgage-ready with a strong credit score
New to the UK — build UK credit from scratch
Gig workers — build credit on irregular income
Renting in England — average rent data for 290+ areas
Rent reporting — how rent reporting works, eligibility, and setup
Benefits checker — check which government benefits you could be claiming

Make Your Rent Count

You're already paying. Make sure it's building your credit.

Start Reporting Rent

£9.99/month. No credit check. Cancel anytime.