At StellarFi, we pay your bills on your behalf, then collect the funds from you to cover those payments. Unlike other companies that act as third parties and simply report a summary of your payment history, StellarFi's direct involvement allows us to positively influence your credit score. By being listed as the payor on your credit report, we can ensure that your positive payment history is accurately reflected, helping build your credit reliably.
When you use StellarFi, a new credit account is created on your credit report. Your on-time bill payments not only strengthen your payment history but also improve your credit utilization ratio. We report to Experian, and your timely payments contribute to your official credit score.