How do inquiries from utility, cable, internet, cellular telephone and residential rentals impact credit scores since payment histories are never reported?

The inquiries are included in credit scores because they are an indication that you may have taken on new financial obligations that could impact your ability to manage additional new debt. Like all inquiries, they have minimal impact on credit scores, and that impact is even less after 3 to 6 months.

While in most cases positive payment of utility, cable television, Internet service and telephone service bills is not reported. However, if you fail to make the payments for those services, the negative information may be reported in the form of a collection account which will have a negative impact on your credit score.

So, even though on-time payments for utilities are not usually reported, it still benefits you to make those payments in full and as agreed. For the most part, a credit inquiry has a small affect on a credit score generally it lowers a score by about five points

Inquiries remain on your credit report for two years but it’s important to keep track of how many times you’ve applied for credit in the past two years to reduce the risk of your application being rejected. Having too many inquiries in a short period of time can also raise a red flag to creditors.

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