PRBC – Payment Reporting Builds Credit. We started this idea back in 2005 and are the largest non-traditional Credit Bureau in the World.
To begin with PRBC is free. You can sign up free, use the tools for free and see your score for free. Some competitors like to say they are free but in reality they wait until you've created an account and then charge you to verify your bills or provide you a report.
Convenience is the other big reason people love PRBC. We verify your bills electronically so you don't need to update your information each month. And PRBC lets you manage and organize your bills and accounts - including your finances, utilities, rent/mortgage, insurance, travel rewards, subscriptions and more - in one place, while also giving you a reliable alternative credit score.
No, PRBC is a registered Credit Reporting Agency just like those companies but uses “non-traditional information” (utility, mobile phone, and other bills) to build your score. PRBC does not affect the reports of these other companies.
PRBC is the world's largest provider of non-traditional data to the credit market.
MicroBilt is the parent company of PRBC. As a leading single source provider of decision-making information MicroBilt assists businesses in reducing and managing risk. MicroBilt provides online access to consumer and commercial credit bureau data, automated decisioning and collection services, as well as industry benchmark data and risk management tools. MicroBilt has over 30 years of experience in risk management for business and its leading edge technology forms the backbone of the PRBC service offering.
The PRBC Alternative Credit Score is similar to a traditional credit score. It uses the same numbering system, with roughly the same meaning as a traditional score.
The range of possible scores extends from 300 to 850, although the key portion of that scale lies between 600 and 750. Any score over 750 will be considered extremely reliable, and any score under 600 is likely to be denied credit by an institution that requires a credit check. Most scores fall between 600 and 750.
The higher the score, the more likely you are to be approved for a loan, and the lower your interest rate is likely to be for that loan.
PRBC is the oldest and largest provider of alternative credit scores. No one else can offer an alternative credit score more reliable than the PRBC score. More importantly, creating a credit score with PRBC is, and always will be, free. (Stay away from anyone asking you to pay in order to create a score!)
PRBC uses credit lines, or “accounts”, to calculate your score. The more accounts and information you provide, the more accurate your score. Accounts include things like banks accounts, credit cards, utility bills (heat, electricity, etc.) mobile phones, insurance policies, mortgages or leases in your name.
PRBC works with thousands of banks, utility companies, credit card companies, insurance companies, mortgage accounts and a whole lot more. And we are adding more every day. If you don't see your provider listed on PRBC, let us know.
If you are paying a particular bill on a regular basis, with any company, and we can verify and track - it then it can be counted towards your score.
PRBC gives you both a score and a report. The score is live on your dashboard and you can download a report anytime you want.
Being a PRBC member is completely free to you. When you apply for a loan or purchase using PRBC, the lender/merchant pays a fee to check on your score through us.
PRBC is, and always will be, completely free to consumers. We earn a small fee from our business partners who pay to look at your score when you apply for a loan or credit.
Yes, they are. Alternative Credit Scores capture the day to day reliability and financial habits of people. How someone handles their money in paying bills is considered a strong indication of how someone they will manage money loaned to them. The technology to monitor bill paying habits this didn't exist a few years ago but it does today. This is why alternative credit scores are finally becoming mainstream.
According to the Equal Credit Opportunity Act, if you present a business with proof of alternative payment history, they must consider it when making a decision on whether to give you credit. You cannot legally be told, “Sorry, we only take ‘regular' credit scores”.
It is, however, up to you to make your score reliable. The more accounts you register as part of your PRBC score, the more reliable your score will be. If you have more payment accounts verified with PRBC, businesses will get a better picture of your overall reliability when considering your score in their decision.
A person's credit is checked for many reasons including when they apply for a job, purchase or lease a car, set up a utility, apply for a credit card, purchase a cell phone, apply for an apartment lease or open a bank account.
You can get your PRBC Report as often as you want. And it will always be free to do so. Plus, unlike traditional reports that show only portions of all the data they have, a PRBC report shows everything you've entered into the PRBC system.
Customers have been approved for loans and purchases using PRBC at furniture stores, auto dealers, jewelry stores, banks, and other lenders. PRBC has also been used to get approved for apartment leases.
Contact Us and we will send you our reporting guidelines. Additional info can be found at PRBCMainStreet.com.
There are partners affiliated with PRBC that you can contact. There are many variables that determine your creditworthiness and each creditor has their own criteria for granting loans. Your success in getting a loan and the rate offered will depend on your credit worthiness and the creditor's individual criteria.
A PRBC score is live on your dashboard and you can get a report anytime you want. Just click the View your PRBC Credit Report link from your dashboard.
PRBC is powered and protected by MicroBilt and their 35 years of experience in the data industry. Data protection at PRBC is up to the standards of the largest banks in the country. All data is encrypted using 256-bit encryption and all communication happens through a Secure Socket Layer (SSL). In addition, our databases comply with the PCI standard - the highest security standard in the industry. To learn more, see our page detailing security provisions.
To keep your account safe, never share your password or write it down. Make sure your password is unique and hard to guess and that it includes numbers and special characters. PRBC also recommends that you use antivirus software on your computer to keep it safe from hackers. Additionally, avoid logging into your PRBC account from Public Computers and if you do, make sure you log out completely before leaving.
There is no reason to put a security Freeze on your PRBC account. Unlike other credit bureaus, with PRBC you can always see what is on your report.