A+ on BBB

Community Area

|

Helpful Resources

Community

Popular Discussions

Creditmagic Twitter

Credit on Facebook

Home

Credit Forum

Credit repair

Medical Bills and Credit

Post reply Start a topic

Author

Message

Options

	Print this topic
	Invite a friend
	Email this topic

Bookmark online

	Add to del.icio.us
	Add to YahooMyWeb

ROSS

Joined: 03 Oct 2009
ROSS's page
Posts: 21

8 Magic Points

Subject: Medical Bills and Credit

Sat Oct 24, 2009 1:33 pm

[System detected duplicate content and converted into image.]

debranewell2008

Joined: 10 Oct 2009
debranewell2008's page
Posts: 594

99 Magic Points

Sat Oct 24, 2009 11:44 pm

Hi Ross,

Yes a medical bill is just like any other debt you owe. If you don't pay it they turn it over to a collection agency and not paying it gets reported as a genitive item on your report for 7 years. So your score will take a hit because of this.

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4285

127 Magic Points

Sun Oct 25, 2009 2:29 pm

I use to have this misconception myself. This is definatly not true. I actually have a medical bill on my account I have been trying to resolve for almost a year. They really do count against your credit. Most medical places have to accept a payment as low as $10. This is showing effort that you are trying to pay and making good effort. Also with a=making a payment of at least that amount they are not allowed to report the debt as a bad one to your credit report. Hope this helped you out. I know how all those medical bills can add up quickly,even with coverage.

Justin

Justin

Joined: 17 Jul 2006
Justin's page
Posts: 1240

28942 Magic Points

Mon Oct 26, 2009 5:36 am

Hi Ross,

Yes, medical bills can affect your credit, if the medical providers report it to the credit bureaus, in case you miss payments. Hence, the best way to build a good credit history is to keep paying your bills on time. This implies to all your bills.
_________________
All the Best Smile

Justin

Keyla
Guest

Subject: yAdLrnWNUi

Wed Jul 06, 2011 4:27 am

Hey, that's pwoeufrl. Thanks for the news.

Quick Reply

Your Name

Subject

Message body


Page 1 of 1

Home|Contact Us|Terms of Services|Privacy Policy|RSS

* Disclosures:

Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.