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So I have an unpaid cell phone bill with Sprint, 150.00. Some kind of collections place was calling, and I paid 50.00, leaving me with 100.00 to pay still. I also have an unpaid gas bill from an old apartment, but haven’t heard anything about it since.

Does things like this make your credit score terrible? If so how do I go about fixing my credit, and building it back up?

I’d like to do things right this time, and keep on track with all bills =]

7 Thoughts on unpaid phone bill!!!!!!!?
  1. Reply
    joscasta
    November 9, 2011 at 10:56 am

    How to fix your credit? Pay your bills on time, and don’t let them go to collections! Your credit score just dropped big time by making that phone bill hit collections. I would go to http://www.annualcreditreport.com and see how bad your credit has dropped. Also take care of that gas bill asap! Some collections people add on interest to make you owe a lot more!

  2. Reply
    Steve D
    November 9, 2011 at 11:00 am

    Usually, when a bill goes to a collection agency, it gets reported on your credit report. Your best bet is to pay up both the phone bill and the gas bill as soon as you can and then pull your credit reports to make sure that if they are being reported, they are reported as paid and closed.

    Anything negative that is reported to the credit bureaus lowers your credit score. Some lenders/creditors put less stock in the score and more stock in how you have paid bills recently. You can go about building your credit back up by using any credit cards you have now for small purchases and paying off the balance on a monthly basis. Try not to run balances from month to month as that only needlessly incurs finance charges.

    The longer you do this, the better your score becomes. Just do not buy things just to run a balance – only buy stuff you need.

  3. Reply
    Jessica K
    November 9, 2011 at 11:18 am

    Wow thats crazy, only $ 150?? I just got a call from the collection agency because my phone bill was at $ 650!

  4. Reply
    Phat_Rabbit
    November 9, 2011 at 11:38 am

    yes, if you don’t pay your bills the collectors will call you and make life miserable. Not to mention your credit will be bad. The only way you can improve your credit is to set up a payment plan with the collectors and begin paying off your debts.

  5. Reply
    Debt Guru
    November 9, 2011 at 11:46 am

    Pay those bills now, and don’t go late on your bills in the future. Also, give yourself a crash course in credit, read: http://www.bills.com/credit/

  6. Reply
    Sgt Big Red
    November 9, 2011 at 12:31 pm

    First thing you need to do is get your credit reports (if you have not done so in the past 12 months you can get them for free).
    You can get them at annualcreditreport.com, use the link provided by the FTC to make sure you are not redirected to a scam web site. Here is the FTC web page to access your reports.
    http://www.ftc.gov/bcp/menus/consumer/credit/rights.shtm

    If those accounts are being listed as in collections then they have lowered your score quite a bit. Even when paid, they will still remain on your credit report as per Running of Reporting Period – Section 605 [15 U.S.C. ยง 1681c] for a period of 7 1/2 years. This dates from the dat of last missed payment and can not be re-dated by anybody!

    Once they have aged, they will be removed from your credit report and your score will increase.

    If they do no show on your credit report then it means that the debts are too old to seek legal action to collect or may have not been reported to begin with.

    If you keep your current bills paid on time and keep it that way, then those bad debts will have less affect as time goes by.

    Hope this helps answer your question.

  7. Reply
    Erotico
    November 9, 2011 at 1:12 pm

    Once it hit your credit report, it is reflected as bad debt.

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