Your rent and utilities will be reported as a new tradeline on your credit report. There are five possible obligations you can have reported (rent, water, electric, gas and wireless). You will see a new tradeline for each obligation.
If you opt in for all obligations, you will see a new tradeline for all obligations that have a trusted payment. You can learn more about tradelines on our blog.
Which bureaus does LevelCredit report to?
We report rental payments to all three bureaus --> Experian, Equifax, and TransUnion.
- Bureaus consider the account as a "rental agreement"
We report utility (gas, electric, water, and wireless) to TransUnion
- TransUnion considers the account for gas, electric, and water as "utility company"
- TransUnion considers the account for wireless as "telecom/cellular"
NOTE: We do not control how this tradeline is classified by the bureaus, nor do we control how other services may display the information to you.