My credit report says my medical bills are not viewable by anyone but me, by law. So, if no one can view them, does that mean they dont affect my credit?
2007-06-22 17:04:12 · 8 answers · asked by Orchid 1 in Business & Finance ➔ Credit
The details of the medical bill that could indicate anything private (like the name of the medical provider) will not be viewable. The actual account balance and history will be viewable, and will affect your credit score.
2007-06-22 17:10:25 · answer #1 · answered by aj485 5 · 2⤊ 0⤋
Yes and no.
A collection agency can purchase your medical bill account as a collection account from your medical provider, and then report it to the credit bureaus as a non-payment item on your credit report. This will effect your credit score.
The details of the collection account on your credit report will not contain medical bill information, so anyone who sees it will only see that you have a bad item on your report.
2007-06-22 17:45:26 · answer #2 · answered by Dr. W 3 · 2⤊ 0⤋
Not at all, I had to file bankruptcy because of medical bills. What that means is if you apply for a credit card, they can look at your credit report, but they can't look at your medical bills, same as for loans and such. It is your medical privacy that blocks them from looking. Otherwise I can pay to run a credit check on you and know all your past medical problems.
2007-06-22 17:08:16 · answer #3 · answered by Anonymous · 0⤊ 1⤋
If there are scientific invoice collections on your record, it is hurting your credit. inspite of the undeniable fact that, some lenders do not evaluate scientific charges as harshly. you could attempt to barter settlement for much less and get a delete for charge. deliver a letter offering 25% if over 3 years old; 50% if much less. Request an authorized agent ofthe sequence business enterprise sign and return a replica of your letter, indicting acceptance of your settlement furnish. Upon receipt of the sign off, deliver the charge. do not supply them direct get admission to on your economic employer account. in case you have the call of the sequence business enterprise yet no address, attempt googling them. deliver an authorized, return reciept letter inquiring for validation of the debt first to verify that sequence business enterprise nonetheless owns the debt. Make a settlement furnish in the event that they validate the debt. in the event that they fail to validate interior of 30 days, dispute the debt with the credit bureau with a replica of your validation request, indicating that they did not validate the debt. The credti bureau might desire to do away with the article.
2016-09-28 08:15:04 · answer #4 · answered by ? 4 · 0⤊ 0⤋
I have an unpaid medical bill on my credit and it killed my credit score. So it can definitely affect your score...
2007-06-22 21:26:33 · answer #5 · answered by Kristen 1 · 0⤊ 0⤋
they are the easiest to explain and write off, but they probably are affecting your credit so long as you have an unpaid balance or are past due
2007-06-22 17:09:30 · answer #6 · answered by Get Social 2 · 0⤊ 0⤋
Oh yes, very much so.
It shows up passed due, or in collections.
Correction, it will show up as a medical office name, collection agency, or hospital name.
One came up years ago on ours and couldn't figure out what it was, then it dawned on me, it was from another state. We thought it was taken care of.
2007-06-22 17:08:53 · answer #7 · answered by Mom of 2 great boys 7 · 1⤊ 0⤋
that is correct... med bills do not effect your credit what so ever and they never give 'late' fees!
2007-06-22 17:14:07 · answer #8 · answered by sportyarteest 2 · 0⤊ 2⤋