Looking to Repair my Credit
Date: Fri, 06/17/2011 - 11:33
I'm new to the boards and I'm looking to repair my credit and I feel that I have come to the right place. I've got several bills that I need to work on to get off my credit and would appreciate any advice you all could give me. Some are hospital bills, and other various things that say charged off or something like that. I need to get a new copy of my credit report.
One of my questions is in regards to hospital bills, if I send them a payment for say 25.00 a month and they don't think that it is enough can they charge my checking account for more than the check I sent them? I have heard that some places will do an electronic draft but more than the amount you say which I didn't think they could. I don't know if it is just urban legend or not but I was curious about that.
I'm going to try to get into contact with several of the companies on there so I can get everything taken care of.
Again thanks for any help that you all can give me
One of my questions is in regards to hospital bills, if I send them a payment for say 25.00 a month and they don't think that it is enough can they charge my checking account for more than the check I sent them? I have heard that some places will do an electronic draft but more than the amount you say which I didn't think they could. I don't know if it is just urban legend or not but I was curious about that.
I'm going to try to get into contact with several of the companies on there so I can get everything taken care of.
Again thanks for any help that you all can give me
You can contact the credit bureaus in order to get a copy of you
You can contact the credit bureaus in order to get a copy of your credit report. Apart from that, you can even visit annualcreditreport.com in order to get a free copy of your credit report once a year.
You should contact your creditor to whom you owe the medical bills and set up a payment plan with them. If you pay as per the payment plan, then your account won't be charged off or they won't debit any money directly from your account.
Paying your charge offs wont raise your score. You will still h
Paying your charge offs wont raise your score. You will still have to deal with paid collection accounts on your report. Paying the does not remove them....they are legally entitled to report for the full 7 years even if they debt is paid in full and they are reporting correctly.
