Yes, especially if the arrangement is with a debt collection agency and not the original company. That you're paying the bill is good, but the history of having trouble paying it and the bill going into collections will be reported on your credit history.
yes
If someone stops paying their credit card bill, the account will go into collections. Additional fees and interests will be added to the account. Based on the amount owed on the credit card bill, the lender may file suit.
pay the bill before you get arrested
If there's no paper trail then they "don't exist" as far as credit reports are concerned. Knowing what creditors evaluate is important. Some of the things they look at include: * Your credit/loan application * Your credit report * Your bill-paying history * How many accounts you have and what kind * Whether or not you make payments on time * How long you've had your loans/accounts * Unused portions of lines of credit * Collections actions * Outstanding debt
Yes, especially if the arrangement is with a debt collection agency and not the original company. That you're paying the bill is good, but the history of having trouble paying it and the bill going into collections will be reported on your credit history.
yes
credit history
If you are looking to get a cell phone plan, having poor credit may require the cell phone company to collect an upfront deposit from you. Not paying your cell phone bill on time will go on your credit report with unsatisfactory results. However, always paying your cell phone bill, and always paying it on time will not get reported to the credit bureaus; and thus will not positively affect your credit.
paying off your credit card bill
One goes about paying a bill online by going to the website where the bill is due and clicking on the pay now button and then paying by check or credit card.
Yes. Bill payments can affect your credit score.
If someone stops paying their credit card bill, the account will go into collections. Additional fees and interests will be added to the account. Based on the amount owed on the credit card bill, the lender may file suit.
Most likely, you will have to pay a fee for not paying the bill on time.
pay the bill before you get arrested
yes
If there's no paper trail then they "don't exist" as far as credit reports are concerned. Knowing what creditors evaluate is important. Some of the things they look at include: * Your credit/loan application * Your credit report * Your bill-paying history * How many accounts you have and what kind * Whether or not you make payments on time * How long you've had your loans/accounts * Unused portions of lines of credit * Collections actions * Outstanding debt