Use your rent payment that you're already making to give your credit score a boost. Billi has partnered with the major credit bureaus in Canada to let renters build their score without debt.
Signed up for Billi boost, and as a foreigner starting a new life in Canada, this is an unbelievable tool to build credit with my biggest monthly recurring expense. The jump of 124 points in my credit score after the first reported rent was beyond belief.
I’ve been renting my home for years, and unlike homeowners who can build their credit with their mortage payments, my rent didn’t count toward anything. I am so happy these payments now contribute to my credit score.
I recently discovered your application and immediately subscribed to your Billi Boost service. As a newcomer to Canada, building my credit score is essentially important to me, especially since I want to gain the trust of banks and landlords.
A higher credit limit improves your overall credit utilization ratio - an important metric lenders use to determine a borrower's ability to repay, and a determining factor in building your credit.
Lower interest rates means more money back in your pocket, and it makes borrowing cheaper and easier.
Boost your credit score with your rent payments and enjoy all the benefits of a higher credit score - best rates, easier to borrow, and more money in your pocket for future expenses.
We are committed to keeping your data safe and secure. All data travelling between your phone and our servers is encrypted. This means we translate your information into code that only we can read to ensure only you and Billi have access to your information.
Billi Boost is a feature within Billi that allows you to build your credit by using rent payments that you're already making. We'll identify your rent payment each month and report it to the credit bureaus, positively impacting your score.
$4.99/month
Equifax.
It takes time to build credit. You can expect to see an improvement to your credit score within 3-6 months of successfully reported rent payments.
You can cancel anytime by updating your subscription in the app.
Discover how Billi is helping thousands of Canadians build their credit and save so they can invest in their financial future
