 TITLE: Does Leasing a Car Build Credit? CONTENT: How Leasing a Car Can Help You Build Credit\n-------------------------------------------\nWhen you lease a car, you'll have fixed monthly payments for the duration of the lease agreement. As with an auto loan, the creditor will report your monthly payments to the credit reporting agencies, and the account will show up on your credit report as an installment account.\nAs long as your leasing company reports to all three credit bureaus—Experian, Equifax and TransUnion—and all your payments are made in a timely manner, an auto lease can certainly help to build or establish your credit history.\nIt can also hurt your credit, however, if you miss a payment for 30 days or longer, or you default on the lease agreement altogether. So as with a car loan, it's important to practice good credit habits, including making on-time payments. END