Rebuilding Your Credit

[trudawg660]

i wanted to know how "bill me later" reflect on your credit report, i have been told it comes up as a loan but i wanted to make sure.

[cadavis0609]

I have no experience with BML but from what I've heard on here, BML does not report but they do draw an inquiry (this I do have experience with)

[llecs]

This is a good post:

http://ficoforums.myfico.com/fico/board/message?board.id=creditcard&message.id=42020&query.id=52690#...

[RobertEG]

trudawg, I have no idea what a "bill me later" means.  More info is needed to assist you.

There is no CR status for a "bill me later."

Under contract law, no fulfillment of contract is made without remittance of actual and substantive real or monetary remittance.  So I am puzzled by an offer as having any legal standing.

Did you make an offer to them that they accepted, under condition of "bill me later?"  Not a business practice that I am aware of.

What is the skinny?

[Sprinty2]

Bill me later is a deferred payment service offrered by Airlines, retailers etc. They do pull a hard inquiry, but I am not sure about reporting a TL.

[Calicurli]

Hi there -

They do not report at all to any of the three credit bureaus.

I have just completed a settlement with them and checked to be sure they didn't add any baddies to the mix.  The only thing noted was their initial inquiry.