Possible Bill & Rent Reporting ▪︎ Possible Finance
Getting started is fast and easy
No credit check. Link your account in minutes—we’ll do the rest.
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 your phone bill. And you know what? Your electric bill, too. Or water 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.
Join over a million customers
Testimonials
Gloria
Member Since 2021
"I really appreciate just how easy they make it. I feel a lot freer to not only do what I want, but also take care of my needs."Keianna
Member Since 2023
"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."Austen
Member Since 2019
"What drew me to Possible was how upfront and easy it was. There was no mystery as to what the interest rates were."Gena
Member Since 2022
"Credit is a journey. I'm learning about it to be financially fit. I would describe Possible as a great tool to help in a need."
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.
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.
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.
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). 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 of reporting means there's no risk to your credit score, other than if you ever close the account.