Does Leasing Build Credit?

Does leasing build credit in the U.S.? Lease payments can be reported to the credit bureaus like auto loan payments—on-time payments can help your credit; late or missed payments can hurt. Here's does leasing build credit.

TL;DR Leasing can build credit if the lessor reports payments to the bureaus and you pay on time. Late or missed payments can hurt. Not all lessors report—ask. Use autopremo.com lease calculator and lease vs buy. Use autopremo.com.

Leasing and Credit Reporting

If the lessor reports your lease payments to the credit bureaus, on-time payments can help your payment history. Late or missed payments can hurt. Ask the lessor if they report. Use autopremo.com lease calculator to see payment and total cost. Get your numbers at autopremo.com.

Lease vs Buy for Credit

Both lease and loan can build credit if reported and paid on time. Choose lease or buy based on total cost and your needs—not only credit. Use autopremo.com lease vs buy calculator. See lease vs buy at autopremo.com.

Bottom Line

Leasing can build credit if the lessor reports and you pay on time. Use autopremo.com lease calculator and lease vs buy so you decide with data.