Want a Better Credit Score? Soon, Your Cellphone Bill Could Help

The development, which marks the first time U.S. consumers will be able to provide this data for their credit reports, is the latest in a number of changes that will likely increase credit scores for consumers who have low or no scores because they have a limited history of borrowing from banks and other mainstream lenders. The move could also help subprime borrowers whose scores are currently lower than what some lenders require.

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