3.5.0 Safe to install
Did you know that your rent payments are not automatically reported to the credit bureaus? Boom offers a convenient solution to help you build credit with your rent payments. Join the large number of renters who use BoomReport to report their ongoing and past payments to all three major credit bureaus - Experian, TransUnion, and Equifax. This allows you to maximize the impact of your largest monthly payment.
BUILD & TRACK YOUR CREDIT
- On average, Boom customers see an increase of 28 points in their credit score.
- Some users even experience increases of over 105 points.
- Reporting your rent payments can help establish a credit score for individuals who do not already have one.
- You can expect to see your new rental tradeline on your credit report in as little as 10 days.
- Track your progress by accessing your credit score for free in the Boom app.
HOW IT WORKS
- Enroll quickly in just 5 minutes using the Boom app.
- Available to anyone who pays rent through a digitally-tracked method, such as rental portals, bank accounts, checks, ACH, or payment apps like Venmo or PayPal.
- Report ongoing payments as well as up to 24 months of previous rent history.
- You can even report old leases if you moved out within the last 12 months.
SECURITY
Your security is our top priority. We store sensitive user data with our verification partners, who provide bank-grade and highly-encrypted services. These same partners work with trusted companies like PayPal, Robinhood, Coinbase, Venmo, and Chime. Your data is never stored on your device, and we never sell your personal information to third parties.
Still reading? What are you waiting for? Download Boom today and supercharge your rent payments.
Contact our team at www.boompay.app or through the in-app support feature if you have any questions, suggestions, or feedback.
Overview
Boom - Build credit with rent. is a Freeware software in the category Business developed by Boom Pay, Inc..
The latest version of Boom - Build credit with rent. is 3.5.0, released on 01/02/2025. It was initially added to our database on 10/26/2023.
Boom - Build credit with rent. runs on the following operating systems: iOS.
Users of Boom - Build credit with rent. gave it a rating of 5 out of 5 stars.
FAQ
What is Boom and how does it work?
Boom is a service by Boom Pay, Inc. that allows renters to build their credit scores by reporting on-time rent payments to credit bureaus.
Is there a cost associated with using Boom?
Yes, Boom may charge a fee for their service depending on the subscription plan you choose.
How does Boom report my rent payments?
Boom collects your rental payment information and reports it to major credit bureaus, helping you build credit history.
Will using Boom affect my current credit score?
Using Boom can potentially improve your credit score by adding positive rent payment history to your credit report.
Do I need a certain type of rental agreement to use Boom?
No, as long as you have a legal rental agreement and you pay rent regularly, you can use Boom.
How often are my payments reported to the credit bureaus?
Boom reports your rent payments to the credit bureaus once a month.
Can I use Boom if I have bad credit?
Yes, Boom can help you build or improve your credit score, even if you currently have bad credit.
Is my payment information secure with Boom?
Yes, Boom takes security seriously and uses encryption and other safeguards to protect your data.
What if I change landlords or move to a new place?
You can continue using Boom as long as you keep making consistent rent payments and update your account with your new landlord's information.
How can I cancel my subscription with Boom?
You can cancel your subscription at any time through your account settings or by contacting Boom support.
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