Removing medical collections from credit report

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Tse
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Subject: Removing medical collections from credit report

Mon Sep 06, 2010 5:28 am

Hi,

I need some assistance. I recently endured a very high risk pregnancy and had to go to the doctor at least twice a week. I had the baby 3 weeks ago and had complications so I am going to be off of work and will live on Short Term Disability for a while.

As I was going through some of my mail, emails, etc. I received a credit alert from TransUnion and noticed that a few of my medical bills were sent to a collection agency and it was put on my credit report a couple of days ago.

There are five bills in total with small balances - $33, $47, $67, $74, $85. I was told that small balances, under $100 don't affect your FICO score. Is this true? These are the only negative items on there. I want to get this taken care of, what are my chances of getting them to remove them if I pay them?

Thanks

Aaron

Joined: 08 Feb 2010
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Posts: 2675

48567 Magic Points

Subject: removing medical collections from credit report

Mon Sep 06, 2010 10:27 am

Hi Tse,

First try validating these debts with the collection agencies (CA). If these debts come back validated pay off these with the CAs. As per a new rule the medical collections once paid will have to be completely removed from the credit report. This is supposed to be done within 30-45 days from the date of payment.

However, if these debts are not valid ones, you can try disputing these with the credit bureaus.

Thanks,

Aaron
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cinnamngrl

Joined: 01 Nov 2008
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Mon Sep 06, 2010 2:21 pm

please identify the new rule that causes medical collections to be removed from credit reports.
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sadia95ss@yahoo.com
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Subject: new rule

Wed Feb 08, 2012 6:15 pm

where can i find a copy of this new rule

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The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.