Reporting Utility Payments Is Better Than a Customer Suffering From a Delinquency Late payments can also ding a credit report, but it doesn’t damage a credit report nearly as much as a collection. Late payments affect credit scores, but how much impact a late payment has on a score depends […]
Reporting Utility Payments to the Credit Bureaus – Part One
December 19, 2018 By Leave a Comment
Utility companies usually don’t report their customers to credit agencies, however, utilities are considered as a form of open credit because customers are billed after a month’s worth of rendered services. Utility companies have the discretion to report their customers to bureaus like credit companies, and they should. There are […]