Situation A) 3 medical bills in collections, $10,000 each, total $30,000 OR Situation B) 15 medical bills in collections, various smaller amounts, total $30,000 From what I've heard, it's the NUMBER of delinquent accounts that makes the score lower, not the dollar amount. Is that correct??
Yes, you'd rather have two people saying really awful things about you, than 15 saying bad things about you.
