How does Boost help my credit score?
Alex England
Last Update 5年前
Boost can help your credit score as it reports your payment history with us to Transunion and Equifax. Payment history makes up 35% of your credit score, so having a positive payment history is important.
Boost also reports as an installment loan on your credit report (although please note, Boost is not a cash loan and no funds are provided up-front). If you don't currently have an installment loan listed on your credit report (for instance, a car loan), Boost can help improve your credit mix (the types of credit you have on your report). Credit mix makes up 10% of your credit score.