Share post
Share
Debt Consolidation Forums Credit Repair, Credit Score and Credit Report forums

Paid off medical debt - What to do now

Date: Thu, 07/12/2018 22:32
member profile picture
Posts: 1
Credits: 0
[Donate]

After a lot of negotiation, I have finally paid off medical debt. But the debt is still there on my credit report. What to do.




If it's so, how is it updated? It should be marked as "Paid off" or "Paid As Settled" if you've settled the debt. Medical debt affects your credit report if it goes to a collection agency. It is added to a credit report after it's due for 180 days.
Since you've paid off, send a letter tp the concerned organizations asking to update the account status correctly. A negative listing on a medical report usually stays for 7 years.
You should ask to update the status of the account correctly.

Sub: #1 posted on Fri, 07/13/2018 - 03:31

Craigh.terry Craigh.terry

(Posts: 273 | Credits: )

If you settle your medical debts, your account should be marked as "paid as settled". If, your account still showing that you owe that debt, then contact the organization to update your accunt as soon as possible.

Sub: #2 posted on Fri, 07/13/2018 - 03:45

Sanders Patricia Sanders Patricia

(Posts: 1234 | Credits: )

Actually, it should be removed from your credit report. Contact your creditor and ask him to delete it from your credit report.

Sub: #3 posted on Mon, 07/16/2018 - 03:06

David Martin David Martin

(Posts: 388 | Credits: )

Your account should be marked as "paid as settled" as the debt is settled to a reduced amount. Ask the creditor to update the status asap.

Sub: #4 posted on Thu, 07/19/2018 - 06:19

Barbara Delinsky Barbara Delinsky

(Posts: 432 | Credits: )


DebtConsolidationCare (IAPDA member)
BBB (A+) logo for DebtCC
Connect With Us
About Us | Contact Us | Privacy Policy
Copyright © 2020 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
* Disclosures:
  1. By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  2. Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
  3. Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  4. Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  5. The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 0.240 seconds.