Is it true that if u pay your house hold bills via debit or straight from your bank account via ebanking u get
A better credit report??
and if yes.. well how does it work??
Answer
No it is not true at all! let me explain how this credic scote thing works. if i spend 20 pounds from my debit card it will do nothing to my credit report becz it is my own money. but if i spend 20 pounds from my credit card then this is credit i am taking from my bank and as soon as i pay off the balance on time it will have a positive impact on my credit report. in other way my score improves. so, pay ur bill by ur cc and then pay off the balance on time and ull see ur score boost!
