naptownninja17 asked:
I recently got a contract cell phone hoping to raise my credit score along the way paying on time. But I found out the company can and will not report to the credit bureaus my good payments.. only bad ones!! Is there any way to report to them myself with proof of on time payments?
Jose
I recently got a contract cell phone hoping to raise my credit score along the way paying on time. But I found out the company can and will not report to the credit bureaus my good payments.. only bad ones!! Is there any way to report to them myself with proof of on time payments?
Jose
Linda
Nope..only members of the credit bureaus can access credit histories and report credit histories. Membership is extremely expensive, which is why a lot of phone companies don’t have membership (they can just turn off your phone if you don’t pay).
Caroline
You don’t. Cell phone and utility bills are not considered “credit.” You did not borrow money from them.
Ernest
Typically utilities don’t report to credit bureaus.
Things that report are loans (credit cards, car loans, mortgages, etc). If you want to build credit, you need Responsibly use one of these vehicles.
Jerry
Your cell phone contract is not a debt, therefore paying it has nothing to do with how you manage credit. If they reported it, creditors would ignore it and it would not impact your score. It only becomes a debt if you take their service without paying for it.