Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Scores
Profile Image

Question By
Jshan63

0 Contributions
0 People Helped
I heard that medical debt will not affect credit score, when is this happening?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
785 Contributions
299 People Helped

Article I found:

" . . . the three largest credit-reporting agencies, Equifax, Experian and TransUnion, said bad medical debts won't be reported until after a 180-day waiting period to allow time for insurance payments to be applied.

"You want to give the insurance-claims process time to work and get these doctors and service providers paid, and that process can take months in some cases".  "You don't want to penalize the consumer because of the insurance process deficiencies, which is essentially what happens today."

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.