Title: How Utility Bills Might Affect Your Credit History
Headings: Does Paying Utility Bills Affect Your Credit Score?
Does Paying Utility Bills Affect Your Credit Score?
Alternative Credit-Scoring Methods
Utility Accounts in Collections
Service Provider Payment History Checks
Building Your Credit
Monitor Your Credit
Fix Errors in Your Credit Reports
Keep Paying on Time
Get Current on Bills That Affect Your Credit Score
Article Sources

Content: Unfortunately, paying your utility bills typically doesn't impact your credit scores since utility companies don't report payment history to the credit bureaus. 2 ﻿ But there are some important exceptions: If lenders use an “alternative” credit-scoring method, utility payments can help your score. If you fall too far behind on utility payments, your credit will most likely suffer if accounts get transferred to collection agencies. Your history of utility payments can affect your ability to get other utility services. Alternative Credit-Scoring Methods
There are different types of credit scores. But the most important is arguably the FICO credit score (and you even have several FICO credit scores—at least one for each major credit bureau ). This is the score lenders typically use for significant high-dollar loans like home loans and standard auto loans. 3 ﻿
Traditionally, the score factors in how you’ve repaid loans in the past and your current debt profile. But the credit bureaus generating those scores realize that many consumers don't have enough borrowing history to generate a credit score through conventional data points, much less a high score.