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Should Verizon be a Revolving Account?

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Anonymous
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Should Verizon be a Revolving Account?

Verizon is showing as a revolving account on the credit report and I am wondering if that is the correct area where it should be listed. Apparently it is a collection item from when I transitioned from Verizon to AT&T and I thought that AT&T was settling the balance. It's only $166 and I will pay them off as soon as I figure out who to call to get that done.

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Anonymous
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Re: Should Verizon be a Revolving Account?

Yes, its common for them to be classified as revolving. Its considered in the revolving category because the balance and payment may vary from month to month.

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