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Rent payments can boost credit

A new way to help boost your credit history and score: Factor in your rent.

Last December, credit-reporting company Experian started including rent-payment history in its credit reports, says Brannan Johnston, vice president and managing director of Experian RentBureau, which collects updated rental histories from property-management companies.

Property managers can upload positive rental data, which means payment information for individuals meeting their lease obligations in the last 24 months. That information is then factored into the VantageScore credit score used by Experian.

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