Frequently Asked Questions

What is rental reporting?


When you are looking to apply for a mortgage, lenders will look for a history of repayments on your credit file. Through rental reporting with Bits, you enable us to report your payments by allowing us view-only access to your bank transactions, through open banking. This is a very secure way for us to identify and track your rental payments, to then report to Equifax. When we report your rent to Equifax, we build up a history of repayments to prove to lenders that you aren’t a risk, and will make your payments on time. Rental payments are by far the most accurate reflection of your ability to pay back a mortgage, as often, you’re actually paying more in rent per month than you would towards a mortgage.




Can I stop my rent payments being reported?


You can remove permission for rent reporting at any time by emailing hello@getbits.app.




My renting details have changed. How can I update this?


You can update your rental details in the app. Scroll to the Bits Rental Reporting tab, and click “Update my rental details”. If you have moved house, you should also update your address. You can do this by clicking Settings, then “Update my postal address”.




What happens if I miss a rental payment?


You need to make sure that you pay your rent. If you miss a rental payment, this could have a negative effect on your credit score.




Why do I have to renew rent reporting every 90 days?


You’ll need to renew your rental reporting with Bits once every 90 days. This is a legal requirement- to comply with European law, to keep your data as safe as possible. If you don’t renew it in time, we lose access to your transactions, and can’t report your rent.




Is open banking safe?


Bits uses Plaid, an FCA regulated payment institution, to obtain read-only access to your personal information, accounts and transactions including when you are offline.
Your data is kept safe and private with best-in-class encryption protocols like the Advanced Encryption Standard (AES 256) and Transport Layer Security (TLS).
You can find more information on how Plaid ensures the safety of your data here - https://plaid.com/safety/.




Which credit bureaus do you report my rent to?


We currently report your rent to Equifax, the credit bureau linked to ClearScore. You should be able to see Bits on your Equifax credit file under Rent Data.




Do I have to pay more for rent reporting?


No, not at all! Rent reporting is a new and completely free feature that is now included in the Bits service as part of your subscription fee.





What is rental reporting?


When you are looking to apply for a mortgage, lenders will look for a history of repayments on your credit file. Through rental reporting with Bits, you enable us to report your payments by allowing us view-only access to your bank transactions, through open banking. This is a very secure way for us to identify and track your rental payments, to then report to Equifax. When we report your rent to Equifax, we build up a history of repayments to prove to lenders that you aren’t a risk, and will make your payments on time. Rental payments are by far the most accurate reflection of your ability to pay back a mortgage, as often, you’re actually paying more in rent per month than you would towards a mortgage.




Can I stop my rent payments being reported?


You can remove permission for rent reporting at any time by emailing hello@getbits.app.




My renting details have changed. How can I update this?


You can update your rental details in the app. Scroll to the Bits Rental Reporting tab, and click “Update my rental details”. If you have moved house, you should also update your address. You can do this by clicking Settings, then “Update my postal address”.




What happens if I miss a rental payment?


You need to make sure that you pay your rent. If you miss a rental payment, this could have a negative effect on your credit score.




Why do I have to renew rent reporting every 90 days?


You’ll need to renew your rental reporting with Bits once every 90 days. This is a legal requirement- to comply with European law, to keep your data as safe as possible. If you don’t renew it in time, we lose access to your transactions, and can’t report your rent.




Is open banking safe?


Bits uses Plaid, an FCA regulated payment institution, to obtain read-only access to your personal information, accounts and transactions including when you are offline.
Your data is kept safe and private with best-in-class encryption protocols like the Advanced Encryption Standard (AES 256) and Transport Layer Security (TLS).
You can find more information on how Plaid ensures the safety of your data here - https://plaid.com/safety/.




Which credit bureaus do you report my rent to?


We currently report your rent to Equifax, the credit bureau linked to ClearScore. You should be able to see Bits on your Equifax credit file under Rent Data.




Do I have to pay more for rent reporting?


No, not at all! Rent reporting is a new and completely free feature that is now included in the Bits service as part of your subscription fee.





Credit building and general:

Rent reporting:

Cuánto cuesta un Sattva Pan?


- El precio de cada Sattva Pan es de AR$135.000 el de 8 notas y AR$142.000 el de 9 notas. Disponible en 18 cuotas con VISA o Master Card (solo para Argentina). Por medio de nuestra pagina Web o en nuestro Show Room. Consultanos por mensaje el precio en dolares con envío si estas fuera de Argentina. - Podes venir a nuestro Show Room para probar los instrumentos que tenemos en stock permanente y asi elegir la escala que más te guste. Elaboraremos un Sattva Pan con las mismas caracteristicas, especialmente para vos en un plazo aproximado de 60 días. Para poder fabricar tu instrumento, una seña del 40% del valor del instrumento será requerida. - Si estás fuera de Buenos Aires y no podes venir a nuestro Show Room, escucha las escalas que fabricamos en la sección "Videos", y nosotros te enviaremos el instrumento. Por Oca a todo Argentina o por DHL a todo el mundo. El costo de envío no está incluido en el precio del instrumento, pero damos total garantía de que el instrumento llegará en perfectas condiciones a tus manos. En caso no lo hiciera, nos haremos cargo del costo total de reparación o reposición del mismo.




Tienen alguna versión más económica?


Si, tenemos una versión s implificada de este instrumento, mucho más económica. Podes verlo en este link: www.sattvainstrumentos.com/sattva-drum




¿Qué diferencia hay entre un Sattva Pan y un Sattva Drum?


Podes ver las diferencias detalladas en este link: www.sattvainstrumentos.com/diferencias




Se puede pagar en cuotas?


Si! Por el momento podes pagarlo hasta en 18 cuotas (VISA y Master Card) a través de nuestra pagina Web o en nuestro Show Room. Si no tenés tarjeta podes pagarlo en efectivo o transferencia hasta en 2 partes. Estos medios de pago estan disponibles solo para Argentina.




Tienen garantía?


Sí! Tienen garantia de 6 meses, por cualquier defecto de fabricación que pueda llegar a tener. Este instrumento es 100% fabricado por nosotros en Argentina. Por lo que podemos reponerlo en su totalidad en caso de ser necesario. - Garantía de ENVIO: Aseguramos que tu instrumento llegue a tus manos en perfectas condiciones si estás fuera de Buenos Aires y no podes venir a elegirlo personalmente. Hemos diseñado un embalaje especial para los envíos, para evitar cualquier tipo de daño que pudiera llegar a sufrir. Si el instrumento te llega golpeado, desafinado o dañado de alguna forma, te lo cambiamos por uno nuevo sin ningun costo adicional. - Garantía de AFINACION: Si llegara a ser necesario reafinar tu instrumento, no tendrá costo alguno durante el tiempo de garantía, las veces que sea necesario. - Garantía por OXIDACION: Garantizamos las codiciones de tu instrumento por 1 año, si tu instrumento se oxida en ese lapso de tiempo, nostros te lo dejamos como nuevo. Gracias a nuestros 10 años de experiencia en la fabricación de instrumentos musicales de metal, hemos logrado desarrollar un tratamiento termoquimico, unico en el mercado, que imposibilita la oxidación.




¿Cuántas y qué notas tiene?


Hacemos nuestros instrumentos con 8 y 9 notas. Podes escuchar las escalas que fabricamos en la sección "Videos"




Formas de Pago/Compra


- Podes pagarlo en 18 cuotas con VISA y Master Card. Por medio de nuestra pagina web o en nuestro Show Room - Podes pagarlo por medio de transferencia bancaria o en efectivo en nuestro Show Room. Estas dos modalidades tienen un descuento del 15% pero deberán efectuarse en un maximo de dos cuotas (contando la reserva). - Todas las modalidades de pago requieren una seña del 40% previa a la fabricación del instrumento.




Cuánto tiempo tardan en fabricarlo?


Nos toma aproximadamente 45 días fabricar cada instrumento. Este plazo puede variar según la cantidad de pedidos que tengamos en el momento.




Hacen envios?


Si! A todo Argentina por Oca y a todo el mundo por DHL. Si lo compras desde fuera de Argentina, puedes pagarlo via PayPal.





The Bits Store:

What is rental reporting?


When you are looking to apply for a mortgage, lenders will look for a history of repayments on your credit file. Through rental reporting with Bits, you enable us to report your payments by allowing us view-only access to your bank transactions, through open banking. This is a very secure way for us to identify and track your rental payments, to then report to Equifax. When we report your rent to Equifax, we build up a history of repayments to prove to lenders that you aren’t a risk, and will make your payments on time. Rental payments are by far the most accurate reflection of your ability to pay back a mortgage, as often, you’re actually paying more in rent per month than you would towards a mortgage.




Can I stop my rent payments being reported?


You can remove permission for rent reporting at any time by emailing hello@getbits.app.




My renting details have changed. How can I update this?


You can update your rental details in the app. Scroll to the Bits Rental Reporting tab, and click “Update my rental details”. If you have moved house, you should also update your address. You can do this by clicking Settings, then “Update my postal address”.




What happens if I miss a rental payment?


You need to make sure that you pay your rent. If you miss a rental payment, this could have a negative effect on your credit score.




Why do I have to renew rent reporting every 90 days?


You’ll need to renew your rental reporting with Bits once every 90 days. This is a legal requirement- to comply with European law, to keep your data as safe as possible. If you don’t renew it in time, we lose access to your transactions, and can’t report your rent.




Is open banking safe?


Bits uses Plaid, an FCA regulated payment institution, to obtain read-only access to your personal information, accounts and transactions including when you are offline.
Your data is kept safe and private with best-in-class encryption protocols like the Advanced Encryption Standard (AES 256) and Transport Layer Security (TLS).
You can find more information on how Plaid ensures the safety of your data here - https://plaid.com/safety/.




Which credit bureaus do you report my rent to?


We currently report your rent to Equifax, the credit bureau linked to ClearScore. You should be able to see Bits on your Equifax credit file under Rent Data.




Do I have to pay more for rent reporting?


No, not at all! Rent reporting is a new and completely free feature that is now included in the Bits service as part of your subscription fee.





How does buy now, pay later work?

(Source: Experian)