How a Late Internet Payment Can Affect Your Credit


Late credit card payments can significantly harm your score, especially if they go into collections. But experts note that timely cable bills or other service payments could actually boost it; as these types of payments don’t usually get reported to credit bureaus. Colleen McCreary of Credit Karma advocates for consumers to ensure timely payments for services such as cable.

Experian Boost, a new service from Experian, allows consumers to add utility and telecom bills directly from their bank accounts online to their credit score – and track progress toward repaying debts more easily. If financial trouble threatens, however, consider temporarily suspending services such as cable or internet until things return to normal.

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