Have questions about what Debie does? Maybe how we report your business rent payments? Curious about what Debie costs? Find all of your answers here.
Debie reports your business accounts payable to credit reporting agencies and is considered an allowable business expense. Please consult your accountant to determine how you may be able to write off the expense for your business.
You can enter your EIN number once you have set up an account. Your EIN number is what helps the credit bureaus validate your business and make sure that your business is the one getting credit for the payments.
As long as you haven’t changed your corporate entity you will have the same credit score. You can update your DBA in your profile.
You can export your Debie report in PDF format and share it with your landlord.
Once you have connected everything properly, you should see a page that says everything is connected and your rent is being reported to the credit bureaus.
By improving your business credit score and removing your personal guarantees from your business liabilities you can improve your FICO score as well.
It can take up to 6 months to have the payments start showing up on your credit report. This timeline is dependent on the individual credit agencies. We report payments every week.
Backdated payments can take up to 6 months to report. This timeline is dependent on the individual credit agencies. We report payments every week.
We are sad to see you go. In order to disconnect reporting please log into your account and click cancel inside your account settings.
You can go into your portal and file a request via the Help function.
We partner with over 2500 financial institutions, this includes both traditional Banks as well as Credit Unions.
When you connect to your bank account, you are allowing us to view your rental payments. Our artificial intelligence platform automatically looks for payments that are tagged as rent or lease.
We never access your bank account information or login credentials. Your credentials are passed directly to your financial institution.
Our system looks for your rent payments, when our Artificial Intelligence engine sees your payment we will report it to the bureaus. You can continue operating your business as normal.
You can update your business address and new lease amount and we will take care of the rest. In order to add an additional location, you can select “add new location” and we will report the rent for all of your locations.
Absolutely, as you build your business your credit score will start improving automatically.
Debie doesn’t sell your financial data. We only use your data to report your tradelines to the credit bureaus and generate your credit score.
Debie reports your commercial rent and lease payments, as long as you are paying, they will impact your score positively.
Debie is registered with the Secretary of State of the State of Delaware. We are required to file annual reports with the State.
Commercial rent and lease payments are a tradeline. They have a significant impact on your credit score but are only just one tradeline. If you are interested in supercharging your credit score you can report multiple tradelines. Our premium tool allows you to seamless report all of your tradelines.
Commercial rent and lease payments are one of the most important expenses for a business and are not currently reported. Some landlords report delinquent payments to the credit bureaus, we empower business owners to report their own credit history as well to build their credit history and improve their score for free. Reporting your payment history can help you qualify for business loans and credit cards without having to use your personal credit.
We are not a rental payments platform. Whether you pay your rent online via your landlord's portal or via check, our system will automatically report your commercial lease payment.
Yes, you can see your Debie consolidated score which is based on aggregated information from all of the other bureaus. In order to see your individual score from each of the bureaus, you can access your report directly from them.
We do not currently report for personal credit scores.
Our platform uses artificial intelligence and machine learning to identify your commercial lease payment. Once we identify that your lease was paid, we report that data to the reporting agencies. The rest of your transactions are never available to our staff.
Yes, Debie rent reporting is free forever. We believe that business owners should be able to leverage their good operating history to unlock financial opportunities and want to make this opportunity free. We do have premium services that help you improve your score faster that we charge a nominal monthly fee for.
It usually takes 4-6 months to start seeing improvements in your credit score. With our premium service you can start seeing improvements within 1-2 months.
Absolutely, you are able to back date up to 24 months of payments. This is a premium service and has a one time charge of $24. We take care of the reporting automatically if you select the option during onboarding.
Yes, you need a business bank account that you can connect to our platform. Any type of business account from one of our over 2500 banking partners will work with our platform.