Build Credit History with the Bills You Already Pay.
Turn payments for rent, utilities, phone and internet into credit history. No credit check. No new debt.
Why use Bloom+?
Here's How It Works
Bloom+ connects securely to your Westerra Credit Union checking account, making it easy to report up to five recurring payments to TransUnion.
Getting started is easy!
Enroll with Bloom+
Link your Westerra Credit Union Accounts
Select the eligible payments you want to report
Watch your credit history bloom
Bloom+ Frequently Asked Questions
The credit-building tool supports the reporting of bills for expenses like rent, utilities (water, electricity, gas) and telecommunications services (internet, cable TV and cellular phone bills). You can report up to 5 payment types to eligible credit bureaus:
1 rent bill
1 telecommunications bill
Up to 3 utility bills
Eligible recurring bills are reported to TransUnion.
Recurring bills paid with cash, check, money order or peer-to-peer payment services (e.g., Zelle®, Venmo) aren't supported. The reporting tool powered by Bloom+ only accepts bills paid through certain online platforms or financial institutions. Recurring rent payments to individuals don’t qualify. Rent payments must be made to a verified property management company or through a supported online payment platform.
The tool doesn’t report missed or late payments. If no payments are identified for 3 consecutive months, the bill will be reported to the credit bureau as closed due to inactivity. This will only affect the credit reporting services provided by Bloom+ and won't impact your bank or service provider (e.g., AT&T) accounts. In the future, if you begin to make payments again on the account, the recurring bill may need to be reactivated. Closed recurring bills may impact your credit score. The impact to your score will vary based on your overall credit profile.
Since Bloom+ is the technology provider that reports your recurring payments to the major credit bureaus, you may see Bloom+ listed alongside your financial institution or service provider on your credit report.
Log in to your Bloom+ account, select “View” for the bill you want to deactivate, and then select “Stop Reporting.” Bloom+ will report the bill as closed and won't report any future payments for the bill.
Bloom+ is a financial wellness tool provided through Westerra Credit Union that allows you to report eligible recurring payments to one or more major credit bureaus. Reporting eligible payments may help enrich your credit history by demonstrating responsible payment behavior to lenders. Bloom+ does not remove negative information from your credit report and does not guarantee any particular credit score or credit profile outcome. Individual results may vary based on personal credit history and other factors. Credit scores may be impacted differently depending on the credit bureau and scoring model used. Participation in Bloom+ is optional. Terms, eligibility requirements, and reporting details may apply.
