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The New Credit Score Rule That Will Affect Millions Of Americans With Medical Collections

Many American families were struggling financially due to the high cost of healthcare. Unpaid medical bills can affect credit scores even if they are small. Equifax, Experian, and TransUnion will remove cleared medical debt from credit reports beginning July 1, 2022. Despite having paid a delinquent medical debt, a person’s credit score may be negatively affected. Currently, Americans have nearly

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Best Credit Building Tool To Build Your Credit Scores

Are you interested in building your credit scores? You may be asking yourself if a loan or a credit card is better for you. If you are trying to build your credit scores a credit card is best! You may be wondering why? With an installment account, when you apply you will get inquiry which will impact your scores. The

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Can Medical Collections Prevent Us From Getting Approved For A Mortgage?

There is a common misconception that medical collections do not impact a consumers ability to purchase a house. The truth is ANY collection reported to your credit impacts your overall credit scores. Your credit score is one main factor lenders look at to approve a mortgage loan. If a medical collection is removed, that will be one less derogatory item

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