yes, if the company reports to the credit bureaus. You may want to contact your cell phone customer service and ask whether they report your credit with them.
The difference between credit score and credit rating is simple Credit score (or credit history) is the history of paying back debt where as credit rating the the reputation for paying back money owing
How long does it take for credit score to go up in rating after paying off debt?
It helps because when you transfer the loan, you are actually "paying it off".
Yes. Any new credit account or loan will effect your rating.
yes
It is possible to buy a cellular phone if you have a bad credit rating. If you purchase a pay as you go phone, there will be no checks on you what soever.
No, your credit rating is separate from your spouse. If he or she cosigns it will only effect his or her credit rating.
Yes, payment history accounts for 35% of your credit score. So paying your bills on time will help you maintain a good credit rating.
Cash transactions do not normally have any effect on a consumer's credit rating.
No, not unless you pay the full required payments without default, which is the same as paying for the card normally. Once you default on a payment your credit rating starts to drop.
NO. Only the primary and/or joint owners are responsible for paying the owed balance, even if all charges were accrued by an authorized user. They are also the only ones 1) held accountable if the bill is not paid and 2) whos credit rating is affected.
For the more expensive cars you will need a good credit rating,you credit rating is a way of letting the lender know how much he or she can lend you with the probability of you paying it back.