If you feel like you’re being drenched by utility bills, you may be looking for ways to cut your monthly costs. While utilities like internet and cable TV may seem like obvious targets, your water bill can also run much higher than necessary. Missing water bill payments could also eventually hurt your credit score. While most utilities don’t report on-time payments to the credit bureaus, many will report accounts that have gone into default or collections, which will cause your scores to take a hit.
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