Page 65 - Credit Builidng Toolkit By Adrean Yancy jr 3

Credit Building Toolkit

If you're living in a big city and paying rent, this app could be a lifesaver. Perch will
report your rental payment to two of the three major credit bureaus: Equifax and
TransUnion. According to reports, Experian will be added by July 2021. And that is

not all; if you have recurring payments on services like Netflix, Disney+, and
Spotify, you can also add them.

Experian Boost
Credit card debt may seem like a never-ending battle, but there are some proactive

steps you can take to get on the road toward financial freedom. Of course, paying
your bills on time and lowering balances is always helpful, but if you need an extra
boost in credit scores quickly, then Experian Boost is worth considering.

Every month, for a little bit of time and effort on their end, you can start getting
credit for the positive things that they do. For example, linking your utility bills like
monthly water or cell phone service to your Experian credit report will help raise
your credit score faster. So if you need to bump it up even more quickly than paying

off debt responsibly by making those payments on time, then there's one last step:
signing up at Experian.com.

Experian Boost is one free service you can use if you want to boost your credit score.
You can get points by linking your utility bill, water service, or cell phone bill to the

account. If you pay early and do other things like debt payments, you will have a
good credit score. This will help you achieve a better credit score.

· Here is How Experian Boost Works

When you sign up for a free membership on Experian's website and give permission
to connect your online bank accounts with Boost, the product scans all of your
transactions looking for streaming services like Netflix or Spotify. Once found in

these payments, it will appear in their credit report, which is then used when
calculating specific scores from that data.
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