Does Current Report to Credit Bureaus?

Current only sends data from its Credit Builder line‑of‑credit to Experian, Equifax, and TransUnion; traditional checking or savings activity never appears on your credit files. The bureau feed consists of a handful of items that mirror standard installment‑type reporting, and it updates each month when the line is active.

• Payment history (on‑time, 30‑day, 60‑day, or 90‑day missed payments)
• Account status (open, closed, or charged‑off)
• Original credit limit and resulting utilization for the Credit Builder line
• Date the Credit Builder account was opened

These are the sole elements Current reports, as confirmed by Current's Credit Builder reporting details.

Current's standard checking and debit accounts don't send any data to the three major credit bureaus.

• Regular Current accounts: no payment history, balance, or age reported to Experian, Equifax, or TransUnion.
• Optional credit‑building product (if you opt in): may report activity to one or more bureaus, often Experian or TransUnion, but reporting is discretionary and not guaranteed.
• When reporting occurs: data is transmitted irregularly, not on a set monthly cadence (as we covered above regarding reporting frequency).

Current's credit‑building product and its bureau partners

Current only sends information to the credit bureaus when you enroll in its optional Credit Builder line of credit; ordinary checking activity never appears on Experian, Equifax, or TransUnion. The line reports according to the lender's reporting schedule, usually within 30  -  45 days after the monthly statement closes (as we noted in the 'what does current report about you?' section).

If you stick with the standard checking account, no balance, deposit, or overdraft ever reaches the bureaus; the sole entry that can show up is the Credit Builder payment status, which follows the same 30‑day cycle. Late or missed payments on that product will therefore affect your score, a point explored in the 'late current payments hurt your score?' section.

Late Current payments don't dent your credit score because the standard checking account never reports missed or overdue amounts to Equifax, Experian, or TransUnion. Current's data feed consists of balance snapshots and on‑time activity; delinquency never becomes a bureau entry, so no negative FICO impact appears (as we noted in the 'which bureaus get your Current data?' section).

The optional Credit Builder product behaves differently: it pushes only on‑time payments to the bureaus, deliberately excluding any late or missed installments. Consequently, a late Credit Builder payment still won't generate a derogatory mark, but the missed payment also forfeits the chance to add a positive payment history, a nuance that leads into the next discussion about overdraft‑triggered reports.

Your overdraft will appear on your credit report only if Current treats the negative balance as a delinquency and sends it to the bureaus.

1. You overdraw the account; Current shows the shortfall in the app immediately.
2. A 30‑day grace period starts; payments made during this window are recorded as on‑time activity and do not trigger reporting.
3. If the balance remains unpaid after 30 days, Current flags the account as delinquent and reports the overdue amount to Equifax, Experian and TransUnion.
4. The delinquency shows up as a 'late payment' or 'charge‑off' entry, which can lower your score by 30‑90 points depending on your credit history.
5. Paying the overdraft in full before the 30‑day deadline prevents any negative entry; once reported, the record stays for up to seven years even after you settle the balance.

(Next, learn whether closing your Current account stops all reporting.)

Closing a Current account halts new activity reports, but it does not erase the history already sent to the credit bureaus. After you close, Current continues to report the final balance and any pending payments for the remainder of the current billing cycle, then marks the account as 'Closed' on Equifax, Experian and TransUnion.

The closed account record stays on your credit file for up to seven years, and the score impact reflects the past payment history, credit utilization and age of the account. For details on how closure is handled, see Current's account closure policy.

Current does not generate credit‑bureau data you can leverage to boost a score. Because the product is a checking account, no payment history, balance, or overdraft activity is sent to Equifax, Experian, or TransUnion. As noted earlier in 'when does Current report your activity', no regular reporting cycle exists for Current.

Alternative ways to build credit while keeping Current as your everyday bank

• Open a secured credit card and use it for routine purchases; timely payments appear on all three credit bureaus.
• Take a credit‑builder loan from a community bank or fintech; the loan balance and payments are reported each month.
• Become an authorized user on a family member's revolving account; the primary's history transfers to the authorized user's file.
• Pay a small credit‑card bill in full each month; low utilization and on‑time payments improve the score (Current itself offers no utilization metric).

Even though Current itself stays off the credit‑reporting radar, spotting the occasional entry - such as an overdraft fee sent by a third‑party lender - helps verify that nothing unexpected slipped through. The next section explains how to locate those rare Current lines on a credit report.

'Current' appears next to a creditor's name in the status column, signalling the account is up‑to‑date, not a separate reporting entity. Locate the 'Creditor' column for the name (e.g., Chase, Capital One) and then scan the adjacent 'Status' field; 'Current' means the bureau is receiving regular updates for that tradeline.

Example:

• Line 1: Chase  -  Balance $1,200  -  Status Current
• Line 2: Capital One  -  Balance $0  -  Status Closed

If the status reads 'Past Due' or 'Charge‑off,' the account isn't current. Spotting the word in the status column tells you the account is being reported and remains in good standing. For a visual guide, see Consumer Financial Protection Bureau's credit‑report walkthrough.

Here are the five most common myths about Current's reporting and why they're wrong:

• Myth 1: Current reports only to one credit bureau. Current sends data to Equifax, Experian, and TransUnion each month, so all three major bureaus receive the same updates.
• Myth 2: Only late payments get reported. On‑time payments appear as positive activity, helping to improve the score, while late payments (30+ days) are the ones that can hurt it.
• Myth 3: Overdrafts never show up. If an overdraft remains unpaid for 60 days or more, Current flags it as a delinquency, and the bureau records it as a negative entry.
• Myth 4: Closing a Current account erases all reporting. Closing stops new data from being sent, but existing entries stay on the credit report for up to seven years.
• Myth 5: Current's reports don't affect your score. Positive payment history from Current can raise a credit score by 5‑15 points, while chronic late payments can lower it by a similar range.

Real users agree that Current didn't erase bad marks, but its optional rent‑payment feature nudged scores for a handful of renters. One tenant in Chicago saw a 12‑point rise after three months of on‑time rent reports to Experian; a college student in Austin noticed no change because she never enabled the service. The consensus: modest gains, not a miracle cure.

The boost stems solely from Experian receiving rent data; checking‑account activity, overdraft protection, or automatic bill payments never touch Equifax or TransUnion. Overdraft events stay invisible to credit bureaus, and Current never deletes existing negatives. Consequently, any score movement depends on how lenders weight rent history in their models.

To confirm whether Current's rent reports appear, scan your credit file for a line labeled 'Current  -  Rent Payments' before assuming credit improvement. (See Experian's guide to rent reporting for details.)