Boom | Build Credit Using Rent Payments

Build credit with Home Boom by reporting your rent payments to all 3 credit bureaus for just $2/month. Enroll in…

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⚙️  Tech Specs

❑ Website Registered On:

  4th June, 2020

❑ Is this Mobile Friendly?

  Yes!

❑ Name Servers:

dina.ns.cloudflare.com, ed.ns.cloudflare.com

❑ Tech Stack:

Webflow, GSAP, jsDelivr, Google Font API, Facebook, jQuery, Swiper Slider, Intercom, Hotjar, Google Tag Manager, Google Analytics, Autopilot, Sendgrid, Google Workspace

📡  Connect

❑ Tool Name:

  Boom ????

Connect with QR

boom-QR-Code-AI-Tool

❑ Email Service By:

  Google Workspace

〒 Know More

❑ Use it For:

  Finance

❑ Pricing Options:

  Free Trial, Paid

❑ Suitable Tags:

  Mobile App, Web Browser

Boom is a rent reporting service that helps renters build credit by reporting their rent payments to the three major credit bureaus: Experian, Equifax, and TransUnion. The app allows users to report both ongoing and past rent payments, potentially boosting their credit scores. Boom verifies rent payments by connecting to users’ bank accounts and automatically detecting rental transactions.

Major Highlights

  • Reports rent payments to all three major credit bureaus
  • Allows reporting of up to 24 months of past rent payments
  • Works with various payment methods including Zelle, Venmo, and Cash App
  • No landlord involvement required
  • Affordable pricing compared to competitors
  • User-friendly mobile app interface
  • Quick verification process (usually within 24 hours)
  • Only reports positive payment history
  • Offers a 7-day money-back guarantee
  • Includes credit score tracking feature

Use Cases

  • Building credit history for those with limited credit
  • Improving credit scores for better loan terms
  • Enhancing rental applications with proven payment history
  • Establishing creditworthiness for first-time renters
  • Boosting credit scores before applying for a mortgage
  • Demonstrating financial responsibility to potential landlords
  • Splitting rent payments into smaller installments (BoomSplit feature)
  • Finding rental properties through Boom’s housing group network

Boom simplifies the process of leveraging rent payments for credit building. Users just need to verify their identity, provide rent details, and link their bank account. The app then works its magic, reporting payments to credit bureaus and potentially increasing credit scores within days. It’s a game-changer for renters looking to boost their creditworthiness without taking on new debt.

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