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'30days late before reporting to credit?'

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30days late before reporting to credit?

Credit Reporting - Credit Reporting

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The Dental Office

30days late before reporting to credit?

Thank author of this post/commentIs it true that a creditor has to give a 30 day period after the due date before reporting late payments against your credit/credit score? Do utility places report you for being past 30 days late, or is it usually just loans and credit cards?

#1

New York
Thank author of this post/commentI noticed verizon started reporting all payments (non-late) on one of my phone lines. I'm not sure why they aren't reporting on all my lines.

If you read your credit report, you will see that late payments are only shown if they are 30 days late.


#2

Washington DC
Thank author of this post/commentIs verizon a cell company or a landline phone company? I have never had a credit reporting from a utility even if I was past 30 days late. I don't do it all of the time, but sometimes when I get in a bind I go a little later than I like. I worked with the gas and electric company and they only reported if there was a credit charge off.

#3

New York
Thank author of this post/commentVerizon is both landline and cellular. I was referring to a landline account.


#4

Washington DC
Thank author of this post/commentWow, I could believe a cellular company would do that, but I have never heard a landline company to do that. Are they reporting positive and negative credit or just negative.

#5

New York
Thank author of this post/commentWell they are reporting just positive and the line is always paid on time. It is fairly recently they started. I was surprised to see the entry in my report. I have several lines (with seperate bills) and only one is reported.

Looking at it again, it is odd. They reported to both Trans Union and Equifax. But the last time they reported was 4/2006. In the two year payment history, TransUnion shows March as "OK". Equifax doesn't show anything.

So it looks like at most they reported 1 time.


#6

from my desk!
Thank author of this post/commentI'm getting kind of worried about my land line phone bill. I switch the dated the payment is due now everytime my bill is 1 day late, they send me a collection notice. They never did that before.

#7

braun

One day late and receiving a notice, this is a thing that you should pay attention to, more than you may deem necessary. The reason would mainly be as these people clearly care not for you, at all.

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