Odd finding on my credit report....

[Anonymous]

I noticed this in Truecredit under my Experian report. This account is my gas company and has never been late. Does this affect my credit adversely? Is this anything to worry about?

   Account No.            ****                           ****                                             ****   

 Condition:                Open                      Open (Paid)                                Open

 Balance:                     $0                             $0                                            $0

Type:               Utility company        Unknown - credit extension,     Utility Company

                                                            review, or collection

Pay Status:          Current                          Current                               Current

[Anonymous]

Does not look like much to worry about.
Zero balance, paid current/current

I hear this is going to be common place-
Some places have been doing this for years.

[Anonymous]

I read in the Credit in the News thread that reporting rent payments, Payday loan payments and utilities will now be another way to show good payment history and establish a different way to determine credit worthiness.

[Anonymous]

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@Anonymous wrote:

I read in the Credit in the News thread that reporting rent payments, Payday loan payments and utilities will now be another way to show good payment history and establish a different way to determine credit worthiness.

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I am not looking forward to this if it ever happens here...

I float my Power bill ($500 bucks this time of year) and phone bill all the time as the late fees are nil and they don't report me late.