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? regarding medical collections

Discussion in 'Credit Talk' started by hotsauce, Jul 21, 2003.

  1. Jul 21, 2003 #1
    hotsauce

    hotsauce Well-Known Member

    I remember reading somewhere that medical collections that are reported to the credit bureaus are only seen by the consumer and that all other businesses, agencies, etc. do not see these collections. Is this correct? If not, can someone give me some info. on the legality of reporting medical collections? thanx
     
  3. Jul 21, 2003 #2
    SoParkDiva

    SoParkDiva Well-Known Member

    Medical collections are not considered significant when businesses review your app for credit.
     
  4. Jul 21, 2003 #3
    hotsauce

    hotsauce Well-Known Member

    But it does affect credit score, right?
     
  5. Jul 21, 2003 #4
    FICO750

    FICO750 Well-Known Member

    Yes, by my understanding. When I recently had a mdical collection deleted my score went up about 30 points.

    FICO750
     

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