If I hold the electric bill and cable bill below my autograph, will it relief advance my credit? Just wanting to know if I do the things I said above
Answers: Sure...as long a you make your payments on time..... Yes. Best to try to get a credit card from a small store first. Be prepared to pay it past its sell-by date every month or you can destroy your credit for years to come. Can't get an apt. near bad credit. Can't get a motor.
You are not borrowing from the electric company or the cable company, so it's not credit so it won't go on your credit report. Exception: if you don't pay and it go to a collection agency, then it becomes a debt and get reported.
I don't estimate having these will improve your credit as it is not something that will be scheduled on a credit report. HOWEVER, miss some payments, and it can mess your credit up. SO.. it can't help it but it can hurt it.
To build your credit, get a small credit card and use it once a month. Try to reward the balance in FULL every month.
Please do not do approaching I have done and bite off more than you can chew!! Live in your means.. the best advice I can impart you! Good luck!
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