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projkt4
i owe like 800 on my electricity bill, how bad will that be in terms of my record, and how will it effect me in terms of getting credcitcards and loans?
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Prjkt4:
It depends. Depending on the company, it may report to your credit bureau. It definately could play a role in credit cards or loans, but the most important thing is that you
keep making payments, and it doesn't fall delinquent. If it already has, try to pay it off as quickly as possible, if you must, contact the company and see if they will set up a payment plan for you so that it doesn't keep reporting as delinquent to your Credit Bureau.
Thanks for Posting!