You already make the payment. Now get the credit.
Did you know that more than 50% of all 18-24-year-olds are “credit invisible”? Reporting payments on utilities is proven to help people become scoreable and build positive credit.
Your credit score is made up of several factors:
- Low credit utilization (don’t max out your credit card!)
- History of credit (the length of time you have been
paying a loan or a credit card)
- On time payments
Report your SimpleBills’ payment history & build credit
Reporting your SimpleBills’ payment history is a great way to add another “trade line” to your credit report and build credit without having to apply for a loan or get a credit card. The better your credit, the better the interest rate will be for big purchases in the future.