and to what extent?
2006-11-08 11:42:20 · 9 answers · asked by zz73 2 in Business & Finance ➔ Credit
yes, it will. i have just as many positive things on my credit as i do medical bills, and no one will give me a thing. old navy won't even give me a credit card, because of them.
2006-11-09 08:27:46 · answer #1 · answered by Stephanie 3 · 0⤊ 0⤋
Yes they will. However, only outstanding deliquent ones that have been reported to bureaus. However, if they are small and very old, they will begin to affect your credit score less and less as time goes on. To by honest, a lot of underwriters don't even count old medical bills because they could be a disputed amount, not covered by insurance, etc. If you want them removed, I would try to settle with the ones that are valid. You would be amazed at how little some creditors will settle with you proportionate to the actual debt owed. Besides, it's the honorable thing to do.
2006-11-08 12:09:07 · answer #2 · answered by MJ 4 · 0⤊ 0⤋
Yes and it'll show up as you having unpaid bills(in arrears) so if you plan on a loan through a financial institution who will give you a loan that you are required to pay back when you owe money--You need to contact the medical facility that you owe the money to and work out a payment plan for even if its already been turned over to a collection agency you need to ,in order to have any credit future,make restitution and pay it back. You can only pay back what you can afford either weekly or monthly and they will work with you. By law they cannot garnish wages. Or you can go to one of the FREE Debt Consolidation Agencies But call where you owe the money and tell of plan-do not just let it go, and they will work wih you to do a financial plan that is feasible and satisfactory to all.
2006-11-08 11:53:27 · answer #3 · answered by Anonymous · 0⤊ 0⤋
definite, what kklm suggested. additionally, the ease to paying it off is that the debt is no longer on your credit record as unpaid. So once you bypass in for that motor vehicle loan (or what have you ever) the finance supervisor isn't finding at your record with a debt which you exceeded over. that may not help regardless of interest value you need to get. additionally, i do no longer think of there is any threat for finished restoration on your credit with an unpaid/delinquent debt w/in 7 years (or possibly it relatively is 5?).
2016-10-15 13:23:40 · answer #4 · answered by ? 4 · 0⤊ 0⤋
Yes. Sorry. They will. Even if they are not delinquent, the ratio of debt to total available credit or debt to income will affect your score.
2006-11-08 11:47:01 · answer #5 · answered by Ask Rich 2 · 0⤊ 0⤋
Yes they do, to the extent that they are delinquent.
2006-11-08 11:43:47 · answer #6 · answered by robertspraguejr 4 · 1⤊ 0⤋
Yes and it depends on how late you are with the payment.
2006-11-08 11:44:04 · answer #7 · answered by al 6 · 0⤊ 0⤋
If you dont pay them!
2006-11-08 11:49:48 · answer #8 · answered by monkeyguy1890 2 · 0⤊ 1⤋
ONLY IF YOU ARE ALIVE!!!!
2006-11-08 12:05:02 · answer #9 · answered by piper182 1 · 0⤊ 0⤋