That means managing your money to get the most out of it, to set you up for the rest of your life. Did you know that by paying your rent on time through Dwello might be the first step to becoming a grown up and making good money choices?
This is a number that demonstrates an individual’s ability to borrow money, and this is decided upon based on your history of various factors such as paying your credit card balance every month on time and keeping debts to a minimum. The higher the score, the more opportunity the individual has to borrow money for a mortgage or a car, as the credit score significantly impacts the lender’s decision to offer credit, and the terms of this loan.
Dwello offers the opportunity to give you a good head start in life and the chance to increase your credit rating. By using Dwello to pay your monthly rental payments on time, Dwello reports these on-time payments to Equifax, and in turn your credit rating will change!
Take control of your financial future with Dwello so that, when the time comes, why not splash out on that VW you’ve had your eye on?