Sentences with phrase «unpaid utility account»

Your unpaid utility account might be sent to collections.

Not exact matches

According to About.com, if your credit report shows any unpaid balances, especially for rent or utilities, «pay them off and get the business to write a letter or print a statement showing the account has been paid in full.»

But missing payments on non-credit accounts — like rent, a cell phone bill or utility payments, which aren't traditionally reported to credit bureaus or included in credit scores — can damage your credit, too, if the unpaid balance is sent to a debt collector.

On the flip side, if you're habitually late with your payment, or you have unpaid utility bills, then the utility may not hesitate to turn your account over to a collection agency.

However, if you skip utility payments, the utility companies may submit these unpaid accounts to collection agencies, which can report them to the credit bureaus where they'll be considered negatively by your FICO score.

Estate debts include not only the debts of the deceased (for example, unpaid credit card or utility bills), but the costs of administering the estate (accounting fees and compensation for estate trustees).