Monday, July 20, 2009

PBRC helps consumers by adding normal recurring payments to credit histories

A Maryland company called PRBC, or “Payment Reporting Builds Credit” may help consumers improve their FICO scores by adding recurring payment items like rent, cable, utilities, insurance, even daycare. The basic link is here.

PRBC was explained as point 5 in another “several ways” article on Walletpop on AOL today, with link here. This list emphasized diversifying credit, and having one or two items actually paid off on time, especially for renters. I just broke that rule when I charged my new Vista laptop on Visa at BestBuy rather than bothering to use their financing, just because it would take so much time

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