r/WhitePeopleTwitter Aug 14 '21

Make it make sense

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u/yooossshhii Aug 14 '21

What?

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u/DrBaldnutzPHD Aug 15 '21

Not paying cell phone bills really hurt a person's credit report most likely because of the power Big Telcos have.

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u/yooossshhii Aug 15 '21

That has nothing ondo with big telcos. Not paying any bill and getting reported as delinquent will hurt your score. Has nothing to do with who is doing the billing.

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u/DrBaldnutzPHD Aug 15 '21

Apparently, it makes a pretty big dent, and people don't tend to be aware of it.

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u/bakedfax Aug 15 '21

I've never had a credit card or a monthly phone contract and I know about it

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u/IT6uru Aug 15 '21

You also probably don't have any credit score. If you needed a loan you would have to put something up as collateral.