How Does Canceling My Rent Reporting Affect My Credit Score?
Your account will be marked closed and paid, unless you leave an unpaid balance with your landlord.
Most members cancel service when they bought a home, if this is you, CONGRATS! You will see a short term drop in your score as your rental account is now closed and your new mortgage will start reportng in a few months.
Sadly, credit scores are based only on open accounts.
This will likely have a short term negative impact on your credit score.
If you moved to a new rental and want to keep reporting your rent, simply add your new rental.
