diff --git a/CHANGELOG.md b/CHANGELOG.md
index 433a59f3..c919c7ed 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -16,6 +16,10 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - panic when creating workspace with empty var file value ([#191](https://github.com/Scalr/terraform-provider-scalr/pull/191))
 - typo in documentation of `scalr_variable` data-source `environment_id` parameter ([#193](https://github.com/Scalr/terraform-provider-scalr/pull/193))
 
+### Deprecated
+
+- `scalr_environment`: attribute `cloud_credentials` has been deprecated ([#190](https://github.com/Scalr/terraform-provider-scalr/pull/190))
+
 ## [1.0.0-rc38] - 2022-10-20
 
 ### Added
diff --git a/docs/resources/scalr_environment.md b/docs/resources/scalr_environment.md
index 9f4a99f8..597de1f8 100644
--- a/docs/resources/scalr_environment.md
+++ b/docs/resources/scalr_environment.md
@@ -23,7 +23,7 @@ resource "scalr_environment" "test" {
 * `name` - (Required) Name of the environment.
 * `account_id` - (Required) ID of the environment account, in the format `acc-<RANDOM STRING>`
 * `cost_estimation_enabled` - (Optional) Set (true/false) to enable/disable cost estimation for the environment. Default `true`.
-* `cloud_credentials` - (Optional) List of the environment cloud-credentials IDs, in the format `cred-<RANDOM STRING>`.
+* `cloud_credentials` - (Optional) Deprecated. Use `default_provider_configurations` instead.
 * `policy_groups` - (Optional) List of the environment policy-groups IDs, in the format `pgrp-<RANDOM STRING>`.
 * `default_provider_configurations` - (Optional) List of IDs of provider configurations, used in the environment workspaces by default.
 * `tag_ids` - (Optional) List of tag IDs associated with the environment.
diff --git a/scalr/resource_scalr_environment.go b/scalr/resource_scalr_environment.go
index 91bc814f..5a8b6bfa 100644
--- a/scalr/resource_scalr_environment.go
+++ b/scalr/resource_scalr_environment.go
@@ -59,10 +59,11 @@ func resourceScalrEnvironment() *schema.Resource {
 				ForceNew: true,
 			},
 			"cloud_credentials": {
-				Type:     schema.TypeList,
-				Computed: true,
-				Optional: true,
-				Elem:     &schema.Schema{Type: schema.TypeString},
+				Type:       schema.TypeList,
+				Computed:   true,
+				Optional:   true,
+				Elem:       &schema.Schema{Type: schema.TypeString},
+				Deprecated: "The attribute `cloud_credentials` is deprecated. Use `default_provider_configurations` instead",
 			},
 			"policy_groups": {
 				Type:     schema.TypeList,