BACK

Videos

Credit card video: Unusual items on your credit report

Summary

CreditCards.com’s Jeremy Simon talks about how unexpected items such as library fines, cell phone bills and speeding tickets can appear on your credit report and hurt your credit score.

The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs.

Unusual items on your credit report

Jeremy Simon: Did you know that unpaid library fines can hurt your credit score?

I’m Jeremy Simon, with the CreditCards.com \u2018To Your Credit’ Minute.

More and more organizations are reporting your payments, or lack or payments, to the credit bureaus. That means a wider variety of data can impact your ability to borrow money, and at what rate. For example, cities and towns are tattling on you for unpaid parking and speeding tickets. Cell phone providers and their collection agencies may report on mobile phone bills. And if you miss a child support payment, your credit bureau will hear about that too, even if they don’t factor into the calculation of FICO scores.

Utility bills are less often reported to the credit bureaus. However, some utilities have begun to pilot test the reporting of electricity and water payments.

Finally, third party collection agencies may report unpaid medical debts owed to a doctor or hospital.

In other words, an increasing variety of bills need to get paid on time, every time, if you want to keep that credit score up.

CreditCards.com’s Jeremy Simon talks about how unexpected items such as library fines, cell phone bills and speeding tickets can appear on your credit report and hurt your credit score.

 

Editorial Disclaimer

The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.

Credit Card Rate Report Updated: November 25th, 2020
Business
13.91%
Airline
15.50%
Cash Back
15.85%
Reward
15.75%
Student
16.12%

Questions or comments?

Contact us

Editorial corrections policies

Learn more