Credit & Collections

Payment histories are now reported to credit bureaus

• Timely payments to BYU help you establish good credit.
• Late payments can affect your credit for years to come.
• BYU reports payment histories on loans, tuition and other accounts.
• For more information check out the related links.

 

"Credit is so much more than a plastic card. It’s your financial trustworthiness. Having good credit means it will be easier for you to get loans and low interest rates. Low interest rates usually translate into smaller monthly payments. That’s important when you borrow money for a car or a place to live. Sometimes, people even check your credit when you apply for a job."

(Federal Trade Commission website)