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Defaulting on cell phone payments and credit cards - Does it affect the same way?

Submitted by Nicholeg on Sun, 12/23/2018 - 21:39

Will it affect the same way on my credit report if I default on making credit card payments and in a cell phone plan?

Yes. Of course. Like most bills, if you default on cell phone bill, then your credit score will drop. If the delinquent account is assigned to a collection agency, then it can stay on your credit report for 7 years.

Submitted by Nick Jonas on Mon, 12/24/2018 - 02:22

Nick Jonas

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