Once a default has been recorded it will remain on your credit file for 6 years, whether you’ve paid the money you owe or not.
This could affect your overall credit rating and could stop you from being able to borrow money in the future.
We’d much rather help if you can’t pay for the energy you’ve used.
How long can I go without paying my electric bill?
Typically, an electric bill is due 21 days after the meter is read. If it isn’t paid by the due date, you should receive a late notice that gives you five business days to make the payment. Afterwards, the utility company can disconnect your service with a few exceptions that vary from state to state.
Can you go to jail for not paying electric bill?
Today, you cannot go to prison for failing to pay for a “civil debt” like a credit card, loan, or hospital bill. The U.S. Supreme Court has outlawed the use of prison to punish indigent criminal defendants who fail to pay for court costs and fines as part of their sentence.
What happens if you’re late on your electric bill?
You may have heard before that paying your bills on time can affect your credit score. Let’s say you’ve made a late payment on your electricity bill. If your electric company reports this bill as delinquent to the credit bureaus, and you continue to not pay the bill, then the company can get a judgment against you.19 Nov 2015
What happens if you don’t pay electric bill and move out?
Services such as electric, gas, or your cell phone may be turned off if you don’t pay bills. Also, you may not qualify for energy assistance if you owe money to the utility company. A large reconnect charge may be difficult to pay later. Interest and fees may be charged on overdue amounts.