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 Posted: Thu Dec 14, 2006 1:14 pm Subject: Medical Collections vs.Other Collections |
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Do Creditors look at Medical debts differently than other types of debt? I have several Medical collections on my credit report.Approx.$1,200
how is this going to effect my credit report and score ??????
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karenr216
Joined: 14 Dec 2006
Posts: 51
Debtcc Points: 1777
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| Posted: Thu Dec 14, 2006 1:25 pm Subject: |
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Credit is already tarnished because collections are considered as R9 ratings. However, you can slightly improve your ratings by paying off the debt. It will be reported as "Paid Collections" . This will give better impact on your credit if not the best.
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weeswie
Joined: 07 Aug 2006
Posts: 382
Debtcc Points: 5743
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| Posted: Thu Dec 14, 2006 3:03 pm Subject: |
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Check your state laws. I know in Oregon medical collections cannot be reported on your credit report. I have several and they do not show on any of my reports.
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goudah2424
Moderator
Joined: 31 Oct 2006
Posts: 8007
Debtcc Points: 111673
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