Short answer: Maybe — only if Moove (or the lender behind your Moove contract) actually reports your loan and payments to the major credit bureaus. If they don’t report, your on‑time payments won’t affect your credit score.
What to know (concise):
- How credit-building works: on‑time payments and active tradelines raise scores only when a lender or servicer reports that account to Experian, Equifax and/or TransUnion. If an account isn’t reported, it won’t show up on your credit report or affect your score. (Experian.com)
- About Moove: Moove is a revenue‑based vehicle‑financing company (backed by Uber in growth rounds) that provides cars to drivers. That describes their product but does not by itself confirm their reporting practices in every market. (Reuters.com)
- Public information: I couldn’t find a clear, authoritative public statement (on Moove’s site or major press) saying “Moove reports to the U.S. credit bureaus” or listing which bureaus/markets they report to. Reporting practices can differ by country, by the legal entity that holds the loan, or by the partner lender. Because this can change, you should confirm for your specific contract/market. (If you want, I can look up Moove's terms for your country or link to their customer support.) (Reuters.com)
What to do to confirm and — if they do report — to make it help your score:
- Check your loan paperwork or customer portal: look for language about credit reporting, “tradeline,” or “reports to Experian/Equifax/TransUnion.”
- Ask Moove/customer support directly (email/chat) whether they (or the funding partner) report payments to the three major U.S. bureaus and how often. Keep a copy of their reply.
- Monitor your credit reports (annualcreditreport.com or one of the bureaus) after you start payments — a new tradeline should appear within 30–90 days if the lender reports. (Experian.com)
- If they don’t report, on‑time payments won’t build FICO/VantageScore via the bureaus; you can explore other options (credit cards, Experian Boost for certain bills, rent reporting services) to build score in parallel. (Experian.com)
If you want, I can:
- Look up Moove’s customer terms for the U.S. (or whatever country you’re in) and try to find an explicit statement about credit reporting.
- Draft a short message you can send to Moove support asking whether they report and to which bureaus.
Which would you prefer?