2007-12-06 12:25:29 · 6 answers · asked by Anonymous in Business & Finance ➔ Credit
Yes. Medical bills to effect your credit score especially when they reach the collection or judgement status. Loan officers will try to take into consideration if you have extinuating circumstances preventing you from getting these paid but I would reccomend finding a way to get them taken care of as soon as possible. Contact your medical provider and set up payment arrangements.
2007-12-06 12:30:05 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Definitely. Unpaid Medical bills is the #1 cause of bankruptcy. Best of luck to you with your health and getting out of the debt.
2007-12-06 13:27:21 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Answer 1 is correct but most lenders will over look medical bills as long as there over a year old. The best resource for the answers to your questions are here http://www.creditinfocenter.com Good Luck
2007-12-06 12:35:10 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Yes unless you have an agreement with the hospital. No one expects you to pay those high expenses at the end of the month, so set up a payment plan.
2007-12-06 13:04:05 · answer #4 · answered by askmeguru21 5 · 0⤊ 0⤋
YES, if you don't pay your medical bill on time, then it will go to collections and that will go on your credit report.
2007-12-06 16:51:14 · answer #5 · answered by shorty21 5 · 0⤊ 0⤋
Yes and yes.
2007-12-06 12:32:48 · answer #6 · answered by curtisports2 7 · 0⤊ 0⤋