Should credit cards include rent, utility, or anything else you pay on a timely basis?
Doesn't that show businesses responsibility?
- A HunchLv 71 year agoFavorite Answer
Do you mean "credit scores"?
Rent, utilities, etc are not installment loans.
You don't pay, the service gets revoked.
Companies make less profit but you didn't "steal" money.
- SlickterpLv 71 year ago
Rent is not credit though, You pay rent on the first for the month upcoming. You are buying the place for the next month essentially. Same with utilities. You are paying for service you already used.
Credit by definition is money loaned to you that you then pay back later.
- Verulam 1Lv 71 year ago
We don't use our CCs for those kind of regular monthly commitments. These are paid from our normal current account, and anything unexpected, often goes onto the CC. I'm not sure the CC company would stipulate what you use the card for? They just expect you to pay the bill when it arrives or part-pay and start attracting interest. Which is a mug's game.
Sometimes my vet bills at the moment, feel like 'timely payments'!!
- SimplytheFACTSLv 71 year ago
it could, but my electric charges $5 fee to use a credit card.
it also depends on how much credit you have. if you only have $3000 credit and are putting $2000 on it every month that doesn't look good.
you can build good credit by using it for regular NEEDS like food and reasonable clothes and paying it in full as soon as you get it...
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- Anonymous1 year ago
Get back to us when you get one.
- PearlLv 71 year ago
sorne rnight include that but ive never heard of thern
- Landlord365Lv 51 year ago
Assuming you mean credit score not card because that makes no sense.
Services are not credit and therefore not included in a credit score.
- Anonymous1 year ago
Your credit card bill will include any charges you make to the card.
The credit card lender will report your balance and payment activity to the credit bureaus.
The credit card lender has no clue if you have a monthly obligation like rent or utilities. All they know is what you owe THEM.
The answer to your question is NO.