No, Rent-A-Center will not help you build credit because the company's pay-to-own model does not require a credit check or involve borrowing money. Rent-A-Center customers rent items with an option to purchase, and on-time payments will not be listed on customers' credit reports.

RAC provides new and used brand-named furniture, appliances, computers and electronics from brands, such as Ashley Furniture, Sony, Whirlpool Corporation, Dell and HP. As part of their rent-to-own business model, Rent-A-Center generally makes its items available with small initial payments and no long term obligations.

No. No credit history is required and we do not require a minimum FICO credit score.

If you don't make the payments for your Rent-A-Center goods, your merchandise will likely be repossessed and your account will be sent to collections. Collections accounts are listed as derogatory marks on your credit report and damage your credit score considerably. You could also face legal action.

Rent-A-Center and Your Credit Collections accounts are listed as derogatory marks on your credit report and damage your credit score considerably. You could also face legal action.

You can get the products you need as soon as you want them. Plus, you don't have to wait for your credit score to be any higher than it is right now. At Rent-A-Center, you can bring home all of the furniture, appliances, and electronics you want, often on the same day with free same-day delivery.

What is a hard inquiry? When a lender or company requests to review your credit report as part of the loan application process, that request is recorded on your credit report as a hard inquiry, and it usually will impact your credit score.

Financial Information includes information that you provide regarding your lease or rental agreement and product interests, such as your Social Security number and information regarding your income, employment, and references.

Rental receipts are important here. What exactly is a reference check when trying to rent a place? We call the people who are listed as current and previous landlords and employers to have them verify the information you gave us about when you lived or worked for them.

When applying for an apartment, do I need my most recent pay stub or the one I have available which is from two months ago? We require pay stubs for the last two months. We would not accept an old pay stub instead of a current stub. We want to see proof that you HAVE an income, not that you HAD one a few months ago.

five points According to FICO, a hard inquiry from a lender will decrease your credit score five points or less. If you have a strong credit history and no other credit issues, you may find that your scores drop even less than that.

Each hard inquiry can cause your credit score to drop by a few points. There's no such thing as “too many” hard inquiries, but multiple credit inquiries within a short window of time can suggest that you might be a risky borrower.