Am I Missing Out by Venmoing rent payment - I am going to be renting a house with two other people. The discussed plan is for two of us to pay our third to the other and him pay the rent. They are both trustworthy steadily employed guys so no concern on that end.
My question is, am I missing out on any benefits by not being the one to officially pay rent. Will paying through venmo still be able to be viewed as a rent payment history or are there any credit score benefits I could miss out on?
And if that’s the case, what is a better method to rent payment in this scenario?Personal Finance
Am I Missing Out by Venmoing rent payment - I am going to be renting a house with two other people. The discussed plan is for two of us to pay our third to the other and him pay the rent. They are both trustworthy steadily employed guys so no concern on that end.
My question is, am I missing out on any benefits by not being the one to officially pay rent. Will paying through venmo still be able to be viewed as a rent payment history or are there any credit score benefits I could miss out on?
And if that’s the case, what is a better method to rent payment in this scenario?
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