topic Re: Paying off debt in Credit score

Paying off debt

Mikeynbree2521 — Wed, 24 Apr 2019 18:56:27 GMT

I got an electric bill of $184 if I pay it completely off in one payment will it help my credit or make it worse??

Re: Paying off debt

bluedeb — Wed, 24 Apr 2019 19:47:39 GMT

Electric bills are not on a credit report. Payment history with cable, cellphone, electric and gas bills generally aren't reported to credit bureaus and aren't traditionally used in credit scoring models, but they are the basis for the new FICO score

Re: Paying off debt

Mikeynbree2521 — Wed, 24 Apr 2019 19:51:11 GMT

How do I find out where the $184 come from then?

Re: Paying off debt

bluedeb — Wed, 24 Apr 2019 20:02:48 GMT

If there is an item on your credit report you don't know about, you can dispute the item. Or, if you think it is yours, you can ask them what it is.

How do I dispute an error on my credit report?

https://www.consumerfinance.gov/ask-cfpb/how-do-i-dispute-an-error-on-my-credit-report-en-314/

Re: Paying off debt

Mikeynbree2521 — Wed, 24 Apr 2019 20:09:11 GMT

Perfect thank you

Re: Paying off debt

bluedeb — Wed, 24 Apr 2019 20:32:14 GMT

Your welcome!