Will this help my credit go back up????????????
I have bad credit due to credit cards and possibly because of student loans. I recently got my own phone plan with sprint. Because of my low credit I had to pay a deopsit. Will making the monthly payments on my bill have any affect on my credit score?
It should have an impact on your credit, but you probably won't see a quick increase in your score. Good luck!
Quoting miss_lisa:
No, cell phone companies including Sprint do not report your monthly payments to the credit bureaus. The only time they will report to the credit bureaus is if you don't pay your bill and it goes to collections. I worked for billing and collections for Sprint.
I would say not really. But the bad will outweigh he good. But at least is a start so work on getting the other dept payed off.
making any monthly payments ON TIME will always help your score!



- wintersmommy06
on Jun. 24, 2012 at 3:24 PM