 TITLE: How Can Cell Phone Bills Help Build Credit? CONTENT: How to Improve Your Credit Score With Your Cell Phone Bill\n----------------------------------------------------------\nCredit scores, such as the FICO® Score☉ , take all the financial information listed on your credit reports and plug it into mathematical models designed to predict credit risk. The FICO® Score ranges from 300 to 850, and a score of 700 or above is considered good to excellent. On paper, reaching a high score shouldn't be complicated. Just pay all your credit accounts on time, maintain a low debt load (especially in relation to credit lines), and keep credit applications to a minimum.\nThe problem for some is getting all that data on there in the first place. You need creditors such as banks, mortgage companies, credit unions, and credit card issuers to send the credit reporting agencies information about your activity. But if you don't have many of those accounts on your reports, you may face the Catch-22 of not qualifying for credit because you don't have much credit. Now you can add in a type of account that previously had not been part of the equation: your cell phone.\nBy registering with Experian Boost™† , you can build your credit history by having your cell phone account listed on your credit report. Once you add the account, your on-time payments will be factored into your FICO score. Late payments, which can drop a credit score fast, won't be included as long as the account doesn't go so delinquent that you default and the debt is sent to a collection agency. (You can request that an account be removed from your Boost file at any time.) And that's not all. You can even add utility accounts, such as your gas and electric bills, as well as other telecom bills, such as cable or satellite, to Experian Boost. Those payments will then also be factored into your credit score. END