Why Utility Companies Don’t Report to Credit Agencies

credit agencies

Every single month I get a bill from Georgia Power, Georgia Natural Gas, Dekalb County Water, Comcast, and AT&T.

And while most of you probably don’t live in Georgia, my guess is you have a similar list of utility obligations that you have to pay every month.

Utilities are a form of credit, meaning some sort of service is provided in advance with the expectation of payment being made at the end of some sort of billing cycle?

If utilities are “credit”, then why aren’t utility accounts commonly reported to the credit reporting agencies?

 

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