House Loans & Per Deim

"i'd like to know how utility bills are shown as active credit on your credit profile. cuz unless you have an unpaid balance that went into collections. i don't think ANY of us have a payment history with out utilities. i know none are showing on mine. "
They aren't going to be on your credit report, that is why it is referred to as alternative credit. If it was on your credit report it would be just plain credit. One would need to contact the utility and get a record of the payments.

 

"as for no credit score. i'm pretty sure that only happens BEFORE you actually establish credit for the first time as a child. once you start the process of credit. you have a score for the rest of your life. there's noooooooooooooooo going back to zero. UNLESS, you go 11 years of not doing any credit whatsoever. good accounts stay on record 10 years. 10 years to the credit bureaus is actually 11 years. that means, no new credit or collections. THEN, maybe you'll go back to 0. as all your accounts will have expired and deleted themselves. as long as you have accounts listed, your going to have a score. "

Not having recent credit use can cause a report to show "no score", it actually will say no score, this is because what the credit score is trying to show is the financial/credit health currently.

 

"as for closing your credit cards. biggest mistake anyone could make. that's the biggest impact on scores. and carrying zero balances, will give you the highest score. the higher your credit limit, the higher your score. as long as your credit balance is zero. close off your credit cards and your score goes down the toilet."

This is correct as the credit report looks at the amount of credit you have available versus how much you currently have borrowed.

 

And concerning the above. Do not go and get new credit cards thinking it will increase the amount available versus the amount owed as newly obtained credit, whether used or not. lowers your score.