All Questions
Tagged with credit-score debt-collection
29
questions
-1
votes
2
answers
277
views
What will happen to a tiny debt if I ignore it?
I received a medical bill of $150.00 and I made a payment of $149.99 (just as an experiment) so technically I own the clinic $0.01.
I am curious what will happen to this tiny debt.
It will cost them ...
- 1,571
3
votes
1
answer
274
views
Can debt collections show up on my credit report if the collectors haven't contacted me first?
Can debt collectors report to credit bureaus when they haven't contacted me yet?
- 335
1
vote
0
answers
67
views
Impact on credit score of paying off a debt very late
We went through a rough patch a few years ago after a disabling accident and got behind on some payments. When things turned around, we squared our accounts with our creditors and our credit report is ...
2
votes
1
answer
292
views
What happens to small bills if they are unpaid?
I understand that bills are sold to collection agencies if they are unpaid. But what about very small bills then? For example, say if there is a bill of less than $10.00, will the company bother to ...
- 1,571
3
votes
2
answers
430
views
Negotiating with a collections agency to remove a valid, small debt from credit report
I just found out that my wife had a debt from a doctor related to our recent pregnancy go to collections. I found out because credit monitoring picked it up - I haven't heard from a collections ...
- 681
3
votes
1
answer
240
views
Does not paying a collections company affect credit score?
From a discussion in comments, a question came up. For the purpose of this question, all I care about is my credit score.
I got a credit card, used it and did not pay it back.
The credit card ...
- 415
1
vote
2
answers
250
views
Should I pay off a credit card or a collection balance first?
I have a collection and a credit card with roughly the same balance. I received a bonus and I am able to pay off one of them completely. Which is more beneficial to pay off first?
- 257
2
votes
1
answer
296
views
Improving credit: what should I do about very old debt; ignore, settle, or pay it in full?
I have about $6,000 of very old debt. It went into collections about 3 years ago when I was in college.
Today I have a good job, and I am thinking about the future. I am now interested in improving ...
- 195
3
votes
2
answers
211
views
What is the most efficient way to dispute an invalid collection on a credit report?
I had a surgery and a ton of medical issues. All but one thing went through insurance. The healthcare provider for that one thing went straight to collections. I contacted them, and my insurance ...
- 131
2
votes
1
answer
185
views
Collections account on one credit report yet CreditKarma reports my scores are almost the same. Why?
I've been fighting with the credit reporting agencies to get an incorrect collections account removed from my report. Two of the three have complied, but TransUnion is being very stubborn. It's been ...
- 1,876
0
votes
1
answer
110
views
When does a debt collection affect one's credit score in the United States?
Bob lives in the United States. Bob didn't pay for a bill, and the bill was sent to a third-party debt collector. When will it start affecting Bob's credit score? For example, will Bob's credit score ...
- 11.4k
1
vote
2
answers
574
views
Best way to deal with a $2700 Collection for unpaid apartment expenses
I am looking to rent a townhome and I have a credit score of 762.
Over a month ago I got a notice about a new account on my credit report, so I look into it. $2800 collections notice from an ...
- 13
1
vote
4
answers
254
views
Payment plan with bank or negotiate with collection agency?
If I have a credit card bill that's months over due, I assume my credit is already shot because of the bill being overdue. The bank sent a notice that if I don't respond within a certain amount of ...
- 10.2k
1
vote
1
answer
263
views
What's The Best Way To Pay Off My Collections?
I have a poor credit score, 597 to be exact. I'm 23 years old and looking to purchase a car but of course I want to get my finances in order. The only 2 major hits I have on my credit reports are from ...
- 13
3
votes
3
answers
386
views
Credit Score, Collection from 1 year ago, have not lived in america for 4 years
I used to live in America for 2 years, but i moved back to my home country in December 2012, i will however will be moving back to American next month. I checked my credit score (story behind why in ...
- 31
3
votes
1
answer
426
views
Should I communicate with a collections agency to dispute a claim after it's been deleted from my credit report?
A little over a month ago, I received a voicemail from a debt collections agency stating that they wanted to collect on $200 from an apartment complex that I moved out of 6 months earlier. I assumed ...
- 1,876
12
votes
3
answers
6k
views
How can I inform the collector that I have paid the landlord in full, to update my credit report? Will it help my credit score?
Unbeknownst to me, some apartment debt I paid had already been sold to a collections agency before I actually paid it. Now the collections agency still thinks I owe, (according to my TransUnion report)...
- 413
2
votes
1
answer
163
views
What remedies exist for damaged credit score relative to collection agency?
Background
Ricfer Sanras got a bill in the mail from CompanyX and refused to pay it because she never signed a contract for the services the CompanyX claimed to render.
CompanyX sold the alleged ...
- 265
8
votes
2
answers
2k
views
Will paying off an old $8 collection hurt my credit?
Let me explain a little more. I was the victim of a car accident and medical bills went through the roof. I had about $16k racked up, then my settlement finally kicked in 3 years later and paid it all ...
- 83
0
votes
2
answers
203
views
Can you dispute a negative credit reporting?
I have an above average credit rating and am very responsible with any payments that need to be made. After moving out of my last apartment, I paid all of the rent and never received another bill for ...
- 101
0
votes
1
answer
396
views
Unpaid medical bill - Collection Notice
I do not have any debt in the past 10 years in US. I have good credit score 715+. This has been the case from the beginning. Of late, I had a minor medical emergency and my insurance paid some amount ...
- 709
4
votes
4
answers
1k
views
22 year old with about $3300 in collections, should I pay it all at once or in payments to improve credit score?
I have got about about $3300 in collection.
$1400 is from getting evicted about
$400 is from a time I over drafted a checking account
and the rest is medical bills.
Now I also have a auto loan for ...
- 51
8
votes
3
answers
9k
views
How do I deal with a clinic billing mistake that was sent to collections?
Recently I created a CreditKarma.com account so that I can keep and eye on my credit. Upon logging in, I noticed I have a pretty low score (not that surprising since I just opened my first credit ...
- 1,362
12
votes
4
answers
2k
views
Should I pay an erroneous bill in collections if it is a tiny amount?
I have a very small bill amounting to $43. I was billed this amount when a medical services company sent me a product that I did not order. (It was probably ordered on my behalf by a doctor I visited....
- 221
6
votes
3
answers
3k
views
How to deal with a landlord charging more than what is specified in the lease when I break the lease?
I am not from the U.S. and this is my first experience breaking the lease. I had to break it to move for a new job, and no one would like to sublet the apartment since it is a damp basement. The ...
- 61
6
votes
1
answer
1k
views
Debt sold after 5 years in collections
So for a not so dumb reason 5 years ago I decided not to pay a utility bill (charged me $300 for 2.5 days of service when my normal bill was < $100). Fought with them back and forth and told them ...
- 255
6
votes
2
answers
768
views
Can I pay a collection agency in a way that will improve my credit score?
Finally, I've got cash in the bank.
But this comes after a few years of building up a credit card debt of about $5,000 and not paying it off. A collection agency has come after me. I'm sure my ...
- 61
3
votes
2
answers
2k
views
How badly does a collection account sent to the credit bureau hurt my credit score?
I'm a college graduate, home owner, and I have a decent credit score. I just received a letter from a collection agency claiming I owe upwards of $700 on a delinquent debt from an apartment I lived in ...
- 133
7
votes
2
answers
618
views
Do things really fall off a person's credit in seven years?
I'm looking to start repairing my wife's credit on which she has several credit cards from before we were married. These debts are reaching the 7 year window where I've heard things "fall off" your ...
- 301