cancel
Showing results for 
Search instead for 
Did you mean: 

People Energy - Other Loan

gercredit
Contributor

People Energy - Other Loan

Hi guys,

 

I moved to a new building on 2nd of Septemeber where Peoples Gas is delivering.

Since then I have a new account on my CreditKarma report alias "Peoples Engy":

Creditor Name
PEOPLES ENGY
Account Type
Utility Company
Account Status
Open
Opened Date
Sep 02, 2014
 
Reporting with 0$.
Is that normal?
 
Thanks,
lohr
Message 1 of 5
4 REPLIES 4
Revelate
Moderator Emeritus

Re: People Energy - Other Loan

Probably, utility tradelines are brand spanking new in the grand scheme of things, and I don't know if there's a standard for their reporting but I'm guessing unless you're behind on your payments it'd report $0.

 

May be wrong on that admittedly as it's just personal conjecture.

 




        
Message 2 of 5
Involver
Valued Contributor

Re: People Energy - Other Loan

People's reports in the balance owed on your bill randomly. They do for me. Recently they updated me balance to be 70‰ less than what it was previously reporting at and I lost significant points on my FICO. Not at all pleased and trying to speak to PG to understand their reporting criteria has been a nightmare.
Message 3 of 5
Involver
Valued Contributor

Re: People Energy - Other Loan

And they have been reporting since I've had the account (almost 7 years).
Message 4 of 5
GlamGirl
Valued Member

Re: People Energy - Other Loan

I moved almost 7 months ago and disputed with all bureaus but still reflects I am open/current with a $24 balance. Last update was April. My ending balance was paid in full and I received a check of my deposit. How do I get the account to reflect $0 and closed.
Message 5 of 5
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.