Comparison
Metro2 vs Boom: Full Comparison
Boom is a specialized rent reporting platform that handles Metro 2 furnishment as a managed service, while Metro2 by Switch Labs is a self-service tool that puts you in full control of your Metro 2 file generation and bureau submissions. Boom is ideal if you only need rent payment reporting and want someone else to handle the compliance complexity. However, if you need to report any data type beyond rent, want to own your data furnisher relationship with the bureaus, or need direct access to your Metro 2 files, Metro2 is the more flexible and cost-effective choice.
Metro2
Modern, cloud-based Metro 2 reporting
Transparent pricing
No long-term contracts
Modern REST API
Free trial available
Boom
Boom is an embedded financial services platform for the rental industry, offering Rent Reporting-as-...
Pricing:From $2/renter/month for property managers; custom API pricing for platform partners
Target:Property management software companies, fintechs, and property managers looking to embed rent reporting into their platforms
Feature Comparison
| Feature | Metro2 | Boom |
|---|---|---|
Metro 2 Format Generation Generate compliant Metro 2 format files for credit bureau submission | Boom handles Metro 2 furnishment internally — users cannot generate, download, or inspect files | |
All Three Bureaus Submit to Experian, Equifax, and TransUnion | Reports to Experian, Equifax, and TransUnion | |
Real-time Validation Instant validation of data before submission | CRRG-aligned validation engine | No user-facing validation tools — Boom validates data internally before furnishing |
API Access REST API for programmatic integration | Full REST API from $29/mo | Full REST API with sandbox, webhooks, SDKs, and embeddable UI components for platform partners |
Bulk Upload Upload multiple accounts via CSV or Excel | Drag-and-drop field mapping | CSV flat file uploads for property managers without integrated PMS systems |
Error Correction Built-in tools to fix rejected records | Live editor with bulk updates | Limited to correcting applicant identity data — no general Metro 2 field-level error correction |
Audit Trail Complete history of all submissions and changes | Audit logs track enrollment methods, requestors, and unsubscription history | |
Modern UI Clean, intuitive user interface | Modern partner dashboard and embeddable UI components with customizable branding | |
No Long-term Contract Month-to-month billing without commitment | Cancel anytime | No setup fees, no annual fees, and no long-term contracts for BoomReport |
Transparent Pricing Clear pricing without hidden fees | Published on website | BoomReport lists $2/renter/month for 1,000+ units, but API partner pricing requires contacting sales |
Automated Bureau Delivery Automated SFTP delivery to credit bureaus on a schedule | Included from SMB plan ($29/mo) | Boom handles all Metro 2 file delivery to bureaus automatically |
Dedicated Support Direct access to support team | Dedicated Slack channels for API partners and bilingual customer support |
Boom Pros
- Reports to all three credit bureaus (Experian, Equifax, TransUnion)
- Strong PMS integrations (Yardi, AppFolio, Buildium, Rent Manager, and more)
- Full-featured API with sandbox environment, webhooks, and embeddable UI components
- SOC II Type 2 certified and FCRA-regulated Consumer Reporting Agency
- Handles compliance, disputes, and Metro 2 furnishment end-to-end so partners don't have to
Boom Cons
- Only supports rent/housing payment reporting — not a general-purpose Metro 2 solution for other data types
- No self-service Metro 2 file generation; you cannot download or inspect your own Metro 2 files
- API pricing is opaque and requires contacting sales; per-renter costs add up at scale
- Consumer app has poor reviews citing reporting failures and support issues
- Organizations cannot become their own data furnisher — Boom acts as the intermediary furnisher
When to Choose Boom
- 1Property management companies wanting turnkey rent reporting without becoming a data furnisher
- 2Fintechs and PMS platforms embedding rent reporting as a feature in their product
Why Choose Metro2 Over Boom
- Full control over your Metro 2 files — generate, validate, inspect, and submit data yourself
- Report any account type (loans, rent, utilities, BNPL, and more) — not limited to just rent payments
- Flat monthly pricing starting at $19/month instead of per-renter fees that scale with your portfolio size
- Become your own data furnisher with direct bureau relationships instead of depending on a third-party furnisher
Other Comparisons
Ready to switch from Boom?
See why businesses are choosing Metro2 for their credit reporting needs. Start with a free trial—no credit card required.