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Stupid Credit *grumbles grumbles* - The Autobiography of Russell
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zimzat
zimzat
Stupid Credit *grumbles grumbles*
Why is it that every utility wants to do a credit check, yet not a single one I've paid on time for the past three years shows up on my credit report? Not a single blurb of 'utilities paid always on time' or anything. Of course there's no negative action, but that's not good enough to show I can pay on time.

Or are they just hiding that from me, given that I'm the consumer and not another utility or creditor?

The credit report also doesn't have most of my addresses on it. Should I bother trying to get the big three to list all my addresses, or is it just a waste of time since I don't use credit cards?


I got denied for a gas company yesterday, so I figured this would be a good time to review my credit. Only Equifax returned it online, and the other two are saying I have to call or mail to get my free yearly credit report. I did discover that Cox Communications in Las Vegas never removed their mistake from my credit. It actually shows as PAID, as if I was ever at fault. They're the ones that lost my last check in their system, and I sent them a copy of the cashed check several times before they finally found it.

Current Mood: annoyed annoyed

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Comments
mcfnord From: mcfnord Date: February 2nd, 2011 02:02 am (UTC) (Link)
utilities usually lack the ability to report unpaid (or paid) bills to your credit report.
zimzat From: zimzat Date: February 2nd, 2011 02:04 am (UTC) (Link)
Lame. If they're going to rely on credit then they should report it. It's a messed up world.

T-Mobile and Sprint aren't on there either. Whatever.
scixual From: scixual Date: February 2nd, 2011 07:18 am (UTC) (Link)
Wait, you can be turned down for a utility? That doesn't sound legal.
zimzat From: zimzat Date: February 2nd, 2011 08:14 pm (UTC) (Link)
Sort of. Here in Atlanta there are multiple gas providers. The one I ended up getting through was a prepay plan, at fairly high rates too. Most of the quotes I heard were for 0.75 to 0.9, but the prepay is for 1.1 or so. I'll probably be evaluating my options again if it looks bad.
vaelynphi From: vaelynphi Date: February 2nd, 2011 07:13 pm (UTC) (Link)
I can't see how that would happen; my credit report is a horror story and I have no trouble getting utilities at the minimum deposit (usually $0).

Are there multiple gas companies in the area?
zimzat From: zimzat Date: February 2nd, 2011 08:15 pm (UTC) (Link)
There are. At least four or five, possibly more.
imsaguy From: imsaguy Date: February 3rd, 2011 07:28 pm (UTC) (Link)
I've found that companies are much quicker to report when you are deficient than to report the positives. In addition, many utilities will not report at all. Those that do, might report to only 1 of the 3 major agencies.

As to checking, but not reporting.. many landlords will do the same thing. Unfortunately, that's just how it is.
zimzat From: zimzat Date: February 5th, 2011 03:56 pm (UTC) (Link)
I guess I'll continue to just be a blip on their radar, then. I still have no intention of getting a credit card (any eligibility I have is for a pilfer-your-valuables-in-your-sleep rate and term anyway). *shrug* Oh well, I make do just paying in cash anyway. :-P

Hiya there. Long time no see. :)
kupcakeaz From: kupcakeaz Date: February 7th, 2011 05:56 am (UTC) (Link)

Credit info

They won't post all your addresses unless the companies report on your history. As for the Cox issue file a dispute with Equifax and then Cox has 30 days to correct the problem or Equifax will correct it for you. That is typically how any dispute is handled with the credit agencies. An easy way to get beyond a blip on the radar and this is what Jason had to do in order for us to be able to buy our condo. Go through your bank (because they are more likely to grant you at least some credit) and use that card for things that you would normal pay with your debit card. Then at the end of the month pay the whole thing off. Another tip we learned was that if your limit is $500 on your card don't go over $300...even if you are paying it off at the end of the month...if you hit close to the limit month after month they think you are having money issues and are less likely to raise your card limit. With this method Jason was able to go from a card limit of $1k to a limit of $11k in just a little over 5 years. We NEVER use anything close to that card limit but it just goes to show how much credit they will extend if you pay as you go on time and prove you can handle it. I have a card that I have gone from $500 to almost $15k in 8 years. Both our credit scores were so good when we bought our condo that we were able to avoid paperwork and fees that others are required to do because of the FICO score they require to do loans now days. If you ever plan on purchasing a home without paying for it in cash you are going to need some credit to your name or you will never get a load approved with the tighter restrictions. Hope that helps and makes sense since I am writing this on sleeping meds. If you have any further questions you know how to reach me.
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