Old medical bill on credit report

Submitted by Anonymous (not verified) on Mon, 09/20/2010 - 05:22
Forums
Credit repair

Hi all,

Other than one 'adverse' thing in my credit reports, I think that my report is generally pretty good. It is a 75$ medical bill from over 5 years ago. I was not aware of this debt.

It is now in collections. So, if I pay it now, will it have any impact on my credit? I have heard that even paying something can extend the 7 years for which it can get reported? Is there any way I can remove it? If there is what should I do?

Thanks.

Aaron

Hi Neva,

So, if I pay it now, will it have any impact on my credit?

Yes, paying off an old collections can hurt your credit score initially as the negative comes to the present. However, this is a medical bill in collections. So, once you pay off the dues, according to a new law the collections will have to removed within 30-45 days of your payment.

Keep proof of your payment. If the collection does not get removed within the 30-45 days, you can dispute it with the credit bureaus.

Thanks

Aaron

Mon, 09/20/2010 - 07:57 Permalink
cinnamngrl

do you have all your credit reports?
what state are you in?
what is the original creditor and the name of the CA?
what is the date of first delinquency? 30 days after last payment

Sun, 09/26/2010 - 15:19 Permalink
Aaron

Hi Neva,

I have heard that even paying something can extend the 7 years for which it can get reported?

Yes, when you pay off a debt the negative will remain for the next 7 years.

Thanks,

Aaron

Tue, 09/28/2010 - 10:06 Permalink
crorkz matz (not verified)

dHVdHa Thanks-a-mundo for the post.Really looking forward to read more. Great.

Tue, 08/05/2014 - 03:29 Permalink