Surprise – Utilities are often included in your credit history

Surprise - Utilities are often included in your credit historyMany people think that their credit score is based off their main credit lines – credit cards, student loans, car loans, mortgages, etc. However, a lot of consumers don't realize that their utilities are often considered in the calculation of their financial standing.

Not all utility companies report account information, but more than enough do so that customers should be cautious of their payment activity. Utilities include electricity, cable, Internet, phone, gas and heat, and it is important to keep a good financial relationship with these suppliers so your credit score stays in tact.

Recently, Experian – one of the three major credit bureaus – decided to start collecting rent payment information from landlords. So failing to pay your rent on time could reflect negatively on your credit score if the property owner reports to the bureau. The statistics come from RentBureau, which supervises the rent payment activity of more than 8 million people in the United States, according to Chicago Breaking Business, so it is important to send the check on time, as your landlord may be revealing your information to Experian.