What Bills  Help Build  Your Credit?


You probably know that skipping bill payments can drop your credit score. Find out what bills help build your credit or potentially harm your credit.

Making on-time payments that are reported to your credit history is great. That means your credit score is getting a positive benefit from those payments.

Paying your bills on time is one of the best ways to build credit for the future.

All of the following bills could impact your credit score for better or worse. - Rent payments - Utility bills - Insurance payments - Mortgage payments - Medical bills

Only debts and payments reported to the credit bureaus can impact your score.

Also remember that building your credit is completely doable, but it might take some time. Be patient—pay your bills on time and in the meantime, try a few other methods to bump up your credit.