What bills affect your credit score?
Most people think that all bills they pay every month like electricity, water, or mobile bills directly affect their credit score. But that’s not how it works. Your credit score (like CIBIL in India) mainly tracks your loan and credit repayment behavior, not every utility bill.
Here’s what actually affects your credit score:
- Credit Card Bills
- Loan EMIs (Home, Personal, Car, Education, etc.)
- BNPL (Buy Now Pay Later) and Consumer Loans
- Overdraft or Credit Line Payments
However, if you don’t pay these bills, the service provider might hand over your account to a collection agency or report it to the bureau. That’s when it can hurt your credit score indirectly.