Late Payments and Credit Score
Late payments go on your credit report after 30 days or more. Even a single late payment can lower your credit score by 60 – 120 points. What if I’m only a few days late? You need to be 30 …
Category: How Things Affect Your Credit
Cellular Phones, Rent, Utility Bills and Credit Scores
Although cellular companies, rental agencies, cables & internet service providers and utility companies do not report to the credit bureaus, you may find that stopping payments can harm your credit score just the same. Unlike credit card companies, banks & …
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Medical Bills and Credit Scores
Although hospitals, doctors, dentists & other medical service providers do not report to the credit bureaus, you may find that unpaid medical bills can seriously harm your credit score just the same. Unpaid medical bills can cause a serious damage …
How Things Affect Your Credit Score
Many types of accounts are not reported to the credit bureaus while you’re in good standing. Cellular phones, rent, utility bills, medical bills and many more are a good example. However, if you stop payments or default – your debt …