I have a $700 in medical bills - i am unable to pay all them at once-if i pay them late-will it ruin my credit

Question

I am 20 years old - and i dont really have any credit established --- i have 5 different medical bills - all adding to about 700 dollars - i just received all of them in the mail about 4 days ago --- none of them have due dates on them - I want to pay 2 off this week - then wait 2 more weeks at pay the other 3 - if i end up getting like a second notice or something ... will it ruin my credit?

Answer 1

paying med bills lte will not ruin your credit, ask for a payment plan that will enable you to pay them the $700 over a period of time...you are fine...

Answer 2

Call them, set up a payment plan. You can pay $10 a month on each of them if you like, they will not send you to collection unless you send nothing at all.
I actually had about 1500 racked up, just started paying $25 a month on each, finally they just lumped them all into one account number for me and started sending me one bill for $100 a month.

Contrary to most people's beliefs, hospitals and medical offices have started reporting delinquent payments to the credit bureaus. However, they will NEVER report you without first sending you a collection notice, stating thier intent to do so.

Answer 3

If you pay them off inside of 60 days they shouldn't impact your credit negatively. It takes time for medical facilities to age the debt before they send it to an outside agency.

Answer 4

the best way to pay them all off is too pay a lil on each one.
u dont have to pay what they have on it just as long as u are giving them something they cant sue u for it.

Answer 5

talk to the places that you owe money and set up a payment plan explain to them what you want to do , it won't ruin your credit that way

Answer 6

call them let them know your situation and they work with you. The worse thing to do is not contact them.