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Do Cell phone company's report good credit?

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Tropic
Established Member

Do Cell phone company's report good credit?

Working on getting my ducks in a row,

And noticed My cell phone company isn't posting on my reports,

Even the company I was with for 7 years before this.

 

Do Cell phone company's report good credit?

 

 

 

 


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Message 1 of 8
7 REPLIES 7
FrugalRican
Blogger

Re: Do Cell phone company's report good credit?

From my experiences, they don't... but they sure won't hesitate to put it on your CR when it's something "bad".

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Message 2 of 8
pipeguy
Senior Contributor

Re: Do Cell phone company's report good credit?


@FrugalRican wrote:

From my experiences, they don't... but they sure won't hesitate to put it on your CR when it's something "bad".


+1 - same here (my experience)

Message 3 of 8
Tropic
Established Member

Re: Do Cell phone company's report good credit?

Thank you,

Good thing then, I've never been late.

 


Starting Score: 616
Current Score: 616
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Message 4 of 8
Anonymous
Not applicable

Re: Do Cell phone company's report good credit?

I've been with Sprint for 10 years and they have never reported. Wish they did, that's one thing I do pay on time Smiley Happy However, my friend has a CA on his credit report from AT&T.

 

So it seems they only report if you don't pay your bill and service is terminated.

Message 5 of 8
FrugalRican
Blogger

Re: Do Cell phone company's report good credit?


@Tropic wrote:

Thank you,

Good thing then, I've never been late.

 


It's not just being late.

A supposed cancellation can get on there too.

I cancelled my wireless phone service in 2008 and thought that was that. Little did I know, it was on my credit report for years as a charged-off collection just because one lazy rep decided they wouldn't actually cancel my phone. I moved and had no idea they were sending me notices that I was "late" on a phone I had cancelled.

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

Message 6 of 8
Tropic
Established Member

Re: Do Cell phone company's report good credit?

FrugalRican

 

I better let my Daughter know to watch out,

And follow up on her cancellation.

She's paying an early cancellation fee to go to another carrier.

 

Thanks for the heads up.


Starting Score: 616
Current Score: 616
Goal Score: 720


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Message 7 of 8
FrugalRican
Blogger

Re: Do Cell phone company's report good credit?


@Tropic wrote:

FrugalRican

 

I better let my Daughter know to watch out,

And follow up on her cacelation.

Shes paying an early canelation fee to go to another carrier.

 

Thanks for the heads up.


Do so.

 

This happened in 2008 and I didn't find out til 2011. Ever since then, I'm ever so vigilant whenever I cancel something.

 

I just cancelled T-Mobile in 2011 after this all happened, and you bet your sugar cookies that I was watching whether it was closed, like a hawk.

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

Message 8 of 8
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