What kind of bills help build credit?

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asked Feb 4, 2018 in Credit by dmax2020 (300 points)
What kind of bills help build credit?

What kind of bills if you pay them on time help to build a persons credit score and credit rating?

1 Answer

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answered Feb 6, 2018 by Shawn (105,070 points)
Bills such as credit card bills, car payment bills, loan payments, Home mortgage payments help to build your credit score and improve your credit rating.

But bills such as electric bills, internet bills, gas bills, rent payments or any other utility bills do not help build credit.

Only bills that are providing credit to you will help to improve your credit score.

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