How long do medical bills stay on your credit record?
I hаνе ѕοmе medical bills frοm whеn I didn't hаνе medical insurance. I noticed thаt TransUnion аnd Experian аrе nο longer listing іt іn thеіr report, bυt equifax іѕ. Thеу wіll іѕ аbουt 25K bесаυѕе іt wаѕ emergency surgery. Thе deby іѕ frοm 2004. i thουght іt stays οn record fοr lіkе 10 years?
I agree with Credit King. Not all collection accounts are reported with all 3 agencies. Medical bills are a perfect example of this. The Fair Credit Reporting Act states that a debt can show up to 7½ years from the date that it went delinquent. So it could be slated to come off sometime within the next 3½ years. Another important this is depending on where you live, you the debt may not be able to be legally enforced because the statute of limitations of collecting the debt in court may have run out, which can give you the advantage in negotiating a "pay to delete", which is a payment in exchange for removing it from your report sooner if you don't want to wait for the FCRA to take its course. Matter of fact, I posted several links on how to negotiate not just this debt, but any collection debt you may have:
http://www.creditinfocenter.com/debt/settle_debts.shtml
http://www.creditinfocenter.com/debt/neg_rating_after_settle.shtml
http://www.creditinfocenter.com/debt/CanCreditorSue4SettlementDifferences.shtml
http://www.creditinfocenter.com/debt/ActualDebtSuccesses.shtml
http://www.creditinfocenter.com/debt/debt-negotiation.php
Now judgements that creditors can take you to court and win against you last for 10 years.
Hopefully, this answer can help you
Thanks for reading and good luck!
The collection agency or hospital may only report to equifax. and it will stay on your report approximately 7 1/2 years from you last payment or visit.
The good news is that for most credit determinations, medical are not considered
Your credit history is subject to the people you own money to. In most cases if you have something on Transunion you have it on all three credit reporting agencies. Having said that, you need to look up the statue of limitations in your state to see fi you still need to pay the debt. States differ on how long a creditor can collect.