why don't positive items like my mobile phone and/or my current bank account show up on my credit report?

Question

For instance, I have been with the same cell phone company for over 5 years and have a very good rep with them when it comes to paying my bills on time... I was just wondering why it's not on my credit report? Shouldn't it be?

Answer 1

Not necessarily, cell phones are not installment or revolving accounts as they are not lending you a certain amount of money to use at your discretion, and they are certainly not line of credit like loans, mortages or Visa cards. They are more utility accounts like PG&E, Comcast cable, SMUD or water/sewer/trash, which will only show on your credit if you were to default on a payment and owe them money, then it would be reported to the credit bureau.

Answer 2

Good question.

It's because you weren't extended a "revolving charge account" with the cell phone company or your current bank account.

The things that show up on your credit report are revolving charge accounts, where you make a purchase and pay over time with interest.

Answer 3

Anything that you have in your name will show up on your credit report. No matter what. If you try to qualify for anything else and you may have a good rep with this specific company, the company thats looking at your credit report will be pleased to have you as a customer because they are able to see that you have never had a late payment or anything. They are able to see your credit history, thats the whole point of a credit report. It reports all of your credit history. Hope i was able to answer your question

Answer 4

Some things, like utilities, do not report to the bureaus because those accounts are neither revolving, installment or mortgage accounts. Same goes for a bank account -- it is not a credit-based relationship and therfore is not reported.

They only report if you end up owing them money and don't pay -- either to the credit bureaus or to chex systems.

Answer 5

While cellular telephones, rental history, utilities, and cable doesn't show on traditonal credit reports. There is an alternative solution to have these and every other recurring monthly payments and report them as credit with PRBC. PRBC is a reporting agency (just like Transunion, Equifax, and Experian) that reports these types of payments as well as ones that report on your credit in a scored report that you can be used in addition to your traditional credit reports. It provides a means for people that have little to no credit history to establish credit.

Answer 6

A lot of things like cell phones, rental history, bank accounts and utilities do not show up on your credit report becaus they are not considered credit.

Answer 7

no longer frequently except you're habitually late on a telephone price i.e. in sequence. maximum month-to-month "application" kinds of debts do not record to a credit bureau like electric powered organization, gasoline organization etc. the phone follows a similar vital. As to monetary corporation debts those haven't to any extent further something to do such as your propensity to pay your expenses it only shows what you've in there and this isn't a reportable merchandise. What does seem are client expenses like vehicle loans, homestead loans, own loans concerning a organization you need to own.

Answer 8

call and ask the cell phone company why.trac phone and other pay as you go dont show up there.but the others do.reg.utilities and rent doesnt but yes cell phones are supposed to.we were advised by a credit repair attorney to try for cell phones and credit cards for credit repair so yes they should be on there.

Answer 9

because it is not credit.