CREDIT SCORE

A single medical debt in collections can harm your credit score by as much as 100 points.
Once the debt appears as unpaid on your credit report, it takes up to seven years to disappear.
The “good” news: The credit reporting bureaus (Experian, TransUnion and Equifax) decided in 2017 that once you pay the medical bill, it will come off your credit report. And they decided to set a 180-day waiting period before including medical debt on a credit report.
Even with otherwise pristine credit, the unpaid medical debt can stop you from receiving the best options on new loans, costing you extra money in interest.
Avoid negative consequences to your credit by taking care of medical debt as soon as you receive the bill.
Contact your service provider or a debt specialist with any questions and resolve the matter as quickly as possible.
If you are worried that medical debt is hurting your credit, check your credit score. The law guarantees that can get one credit report a year from each of the three major credit bureaus.

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