Did you know that you can build credit with the rent and utility payments you’re already paying?
As a Dave Banking member, you’ll have exclusive access to LevelCredit. Dave has partnered with LevelCredit to let you report rent and utility payments to major credit bureaus — to give you a serious credit-building edge.
While it normally costs $100/year, we’re making this free for Dave Banking members who set up Direct Deposit.
How does it work?
Pay rent the same way:
Log in to your bank and find your rent and utility payments. Once you match a transaction, LevelCredit will automatically find future rent and utility payments.
Report it to major credit bureaus:
Every month, LevelCredit shares data about your rent and utility payments with the credit bureaus as a new tradeline on your credit report.
No need to change how you pay:
As long as your rent and utility payments show up in your bank account, you can use them to build credit.
How do I get started?
To get started, simply set up Direct Deposit into your Dave Spending account.
After receiving two direct deposits in the amount of $500 or more into your Dave account, you’ll receive a code to enter on the LevelCredit website: https://www.levelcredit.com/
Let us help you get the credit you deserve!