
Payments shouldn’t be the hardest part of studying abroad
Learn how Rentaba supports students with payments, setup questions, and common roadblocks.
ExploreA tax ID is not required to sign up for Venmo. Most people can create an account and use it for basic sending and receiving without providing a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN). Venmo only asks for one if you hit certain limits or trigger an identity check.
Venmo follows U.S. financial rules. If you try to do things that require a stronger identity check, they will ask for a tax ID (SSN or ITIN). This usually happens when:
If you do not have an SSN or ITIN yet, you can stay within basic use limits. Many international students do this at the beginning: send small amounts, receive small amounts, avoid “goods/services” payments, and do not try to unlock advanced features until an SSN or ITIN is available.
If you already have a U.S. phone number, U.S. bank account, and a tax ID (SSN or ITIN), then using Venmo is straightforward:
Even in this case, Venmo may occasionally ask for documents again. This is normal, especially if your activity changes or looks unusual to their system.
The bottom line: You can use Venmo without a tax ID, but you cannot unlock full features or high limits until you provide one.
Explore how Rentaba can help you build credit and navigate payments
Learn whether you can link a foreign bank account to Venmo, plus key requirements and alternatives for smooth, secure money transfers.
Learn whether Venmo works without a bank account, how to use balance, cards, and tips to send and receive money easily.
Learn whether you can use Venmo to pay rent, how it works, potential fees, safety tips, and what landlords should know before accepting payments.
Learn whether Venmo accepts credit cards, how fees work, and the best ways to use your card safely for quick, convenient payments.
Learn whether you can buy crypto on Venmo, how it works, supported coins, fees, and tips for safe, simple digital asset purchases.
Learn whether Venmo can be used for tuition payments, its limits, fees, and safer alternatives for paying school costs.
Everything you need to know about rent reporting, simplified and explained.
Rentaba is a platform that helps students turn their housing payments into a credit-building tool during their college years.
Rentaba provides universities with a university portal to manage their students, contribute to their financial success, and track KPIs supporting your school’s initiatives, such as, equity initiatives, institutional integrity, housing stability, sustainability, and campus impact. The university portal is completely free to universities
Yes, you can start building credit with Rentaba. You will need to upload your student ID after you sign up and complete onboarding.
Yes, Rentaba only reports your payment obligation, which allows you to start building credit. You need to provide all document proofs including housing agreement, grant or scholarship proof, and verifying your payment obligations.
Yes, actually, our mission is to help students build a better future while in college, and we are the pioneers who paved this path for on-campus student housingÂ
A lease agreement is the same as your housing agreement if you live on campus. Typically, you can download it from your student hub or housing portal.
A billing statement from your university's financial office (Bursar, Student Financial Services, etc.)Â
- Log in to your student account portal. Find and download the most recent statement showing that your housing balance is paid.
- Contact your university's housing office or bursar's office. They can provide an official letter or document that confirms you are a resident in good standing and that your housing payments have been made.
No, you continue paying the same way. You just need to upload your current lease and connect your bank account to Rentaba. If you live on campus, you will also have to upload your student account statement as a supporting document.
No, you simply connect your bank account with Rentaba. We automatically verify them each time you make a payment and give you credit for them. Rentaba is an official partner of Plaid, a leading and secure financial platform, to safely connect your bank accounts. Your data is encrypted and will never be shared without your permission. Rentaba does not access your funds; we only see the payment data we need to report.
Rentaba is a trusted partner of TransUnion and Experian. We are actively working with Equifax, and very soon will start reporting to Equifax as well.
Rentaba reports to the credit bureaus each month. Some credit bureaus require 90 days of verified payments to ensure accuracy and data integrity. After three months, they will appear on your credit report.
Yes, when you complete your onboarding and connect your bank account to Rentaba, we verify all payments you have made on your current lease up to the last 24 months and make sure to give you credit for those payments
According to a 2021 TransUnion report, this can boost credit scores by over 60 points. With a higher credit score, you can save thousands of dollars on your first car loan. It can also help you qualify for better credit cards and even makes it easier for you to find an apartment.
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