Crent collects information about your bill payments from your cell phone, utility, cable or insurance bills. You don't need to change the way you pay your bills, nor you ever pay your bills directly through Crent. You determine which bills you link to Crent for data collection.
When Crent collects your bill payment data, we also look to see if your payment(s) are paid on-time, or past due, so we can report the correct and most accurate info about your bill payment(s) and bill account(s).
Once a month, we send your linked bill payments info to all three major credit bureaus who determine how this data affects your credit score. As long as you pay your bill(s) on time or with minimal delay, these data will help bump your actual credit score!
- You can register for Crent via email or Facebook account.
- We will verify your email and phone number (needed for secure access to Crent)
- During registration, Crent will collect and verify your personal data, including Full Name, Social Security Number, Date of Birth, and ZIP Code. These information are required by credit bureaus and are validated to be correct.
- You will then select the bills you want to furnish to credit bureaus via Crent. Just link your existing billing account(s) (e.g. cellphone, gas or electricity) to Crent.
- Crent will then start collecting your bill payment activity. After linking your bill(s), you give Crent permission to access your payment history. We do not see or report payments you did prior linking bill to Crent.
- We collect your bill payments information, evaluate if these payments are on time or delayed towards the official due dates and send your bill payment activity to credit bureaus.
- Credit bureaus will evaluate information received from Crent, and if your reported bill payment activity is in good condition, it should reflect positively on your credit score over time.