Turning Rent into Credit
London renters can now earn points and boost their credit score thanks to a collaboration between Moneyhub and Brick Rewards. Moneyhub, a data and intelligence platform, partnered with Rently Solutions, trading as Brick Rewards, on June 4, 2026.
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Can Renters Benefit from This New Model?
By integrating open banking technology, Brick Rewards can track rent payments and reward users with points, which can be redeemed for various benefits. This innovative approach helps renters establish a positive credit history, making it easier to secure loans or credit in the future.
The partnership between Moneyhub and Brick Rewards has the potential to disrupt the traditional credit scoring landscape. As more renters participate in the program, the data collected will help financial institutions better understand the creditworthiness of this demographic.
Frequently Asked Questions
The consequences of this partnership could be far-reaching, with potential implications for the wider financial services industry. As the program continues to grow, it may pave the way for more inclusive credit scoring models that recognize alternative forms of creditworthiness.
Q: How do renters earn points with Brick Rewards? A: Renters earn points by making timely rent payments, which are tracked through the open banking technology integrated into the Brick Rewards app. Q: Will this partnership affect credit scores? A: Yes, by reporting rent payments to credit reference agencies, Brick Rewards can help renters build a positive credit history. Q: Is this service available outside of London? A: Initially, the service is available to London renters, but future expansion plans have not been ruled out.
