tomjefferson

What I don't understand is why "other" forms of payments each month are not taken into account on ones credit score. For myself, I more than likely would not qualify for a mortgage so I am forced to rent. Over the past 3 years I have paid $1,300 per month on-time in the two different rentals (moved once a year) and my previous Landlords have all given me excellent recommendations.

Also, if electric, cable, other utilities, cell phone companies, auto insurance and any other business that looks at your credit score to make a determination of the amount of deposit they require or if they will charge you more per month due to a lower credit score than they would like, I believe they should also report to the credit agencies when you make your monthly bill payments on-time.

It's unfair these companies/city utilities will base how they treat you using your credit score but don't give you "credit" for making their bill payments on-time. This would help me TREMENDOUSLY with my credit score -- especially just my rent being reported!