Posts Tagged Medical Bills
How can I increase my credit score?
2blessed2bstressed asked:
I would like to increase my credit score. I don’t have any credit cards or personal loans. I do have $9,000 in student loans that I pay on every month. However I have an old telephone bill of $1,200 that has been turned over to collection and 5 medical bills that totals to about $5000 that is also in collection, which I’m currently making monthly payments on. I have no public records / no bankruptcy. Other than that I don’t have anything else on my credit report. My score is currently 583 and 576 for Experian and transunion. I know it takes time to increase, but what would you suggest to increase my score faster; I want to purchase a home in the next year or so.
Laurie
I would like to increase my credit score. I don’t have any credit cards or personal loans. I do have $9,000 in student loans that I pay on every month. However I have an old telephone bill of $1,200 that has been turned over to collection and 5 medical bills that totals to about $5000 that is also in collection, which I’m currently making monthly payments on. I have no public records / no bankruptcy. Other than that I don’t have anything else on my credit report. My score is currently 583 and 576 for Experian and transunion. I know it takes time to increase, but what would you suggest to increase my score faster; I want to purchase a home in the next year or so.
Laurie
Are there unsecured credit cards for business expenses only if you have bad personal credit?
Q’s from MN asked:
I am a little over a year out of college and took on a sales position in the health care industry. I made about $73k my first year and am looking forward to a similar or better year this year. I travel about 60-70% of the time and all of my hotel, gas and restaurant expenses are my responsibility up front (I of course turn in expense reports and get reimbursed). I have been using a separate checking account up until this point. I have of course thought of a secured card, however I haven’t had a break in the past few months where I can afford to have a couple thousand sitting out there for 2 weeks waiting for my card; it is tight as is with the amount in my checking and the little time between my trips. I used to have an corporate AMEX in college for a sales internship I had that had a very high limit on travel expenses (food, gas, hotel, etc.) and a low limit on retail expenses. Is there anywhere that I can get a card similar to this by providing proof of my high income (ie. pay stub, checking history) or is a secured card the only way I can go? I am very good at always making sure I have enough in my checking for my trips, so payment responsibility is not an issue. My credit is in the low 600s due to credit cards and medical bills in college; I have about $1k is credit card and $5k in medical bills left to pay off. This would be a great deal for any credit card company that was willing to help and put restrictions on spending types like my old corporate card did, but I understand your credit score means everything. Any guidance would be greatly appreciated!!
Claude
I am a little over a year out of college and took on a sales position in the health care industry. I made about $73k my first year and am looking forward to a similar or better year this year. I travel about 60-70% of the time and all of my hotel, gas and restaurant expenses are my responsibility up front (I of course turn in expense reports and get reimbursed). I have been using a separate checking account up until this point. I have of course thought of a secured card, however I haven’t had a break in the past few months where I can afford to have a couple thousand sitting out there for 2 weeks waiting for my card; it is tight as is with the amount in my checking and the little time between my trips. I used to have an corporate AMEX in college for a sales internship I had that had a very high limit on travel expenses (food, gas, hotel, etc.) and a low limit on retail expenses. Is there anywhere that I can get a card similar to this by providing proof of my high income (ie. pay stub, checking history) or is a secured card the only way I can go? I am very good at always making sure I have enough in my checking for my trips, so payment responsibility is not an issue. My credit is in the low 600s due to credit cards and medical bills in college; I have about $1k is credit card and $5k in medical bills left to pay off. This would be a great deal for any credit card company that was willing to help and put restrictions on spending types like my old corporate card did, but I understand your credit score means everything. Any guidance would be greatly appreciated!!
Claude
credit report? removing negative medical bills?
Eden asked:
Does anyone have ideas regarding removing negative medical bills on my credit report. I have disputed the information, information both the 3 credit agencies as well as the hospital in question that the bills are not mine. The hospital wants my personal information to research this, but I refuse to give them that because it is a violation of the patient confidentiality laws..but they still wont remove. on my Creport, it says “in dispute by consumer”, but aside from that it hasn’t changed over the past 3 years. I don’t even live in the state in which it is charged for. I heard you can get this stuff removed by disputing the way I did, because of the patient confidentialy laws, the hospitals cannot release personal information…
Please let me know your thought.. advice… and please reference your resources.
Thanks
WESLEY
Does anyone have ideas regarding removing negative medical bills on my credit report. I have disputed the information, information both the 3 credit agencies as well as the hospital in question that the bills are not mine. The hospital wants my personal information to research this, but I refuse to give them that because it is a violation of the patient confidentiality laws..but they still wont remove. on my Creport, it says “in dispute by consumer”, but aside from that it hasn’t changed over the past 3 years. I don’t even live in the state in which it is charged for. I heard you can get this stuff removed by disputing the way I did, because of the patient confidentialy laws, the hospitals cannot release personal information…
Please let me know your thought.. advice… and please reference your resources.
Thanks
WESLEY
Common Credit Report Mistakes
Mike Clover asked:
it report is not something to be taken lightly these days. It is almost as important as your social security card. There will come a time where your credit report will be required for credit purposes. We see credit reports on a daily basis, and there typically are issues with that individual’s credit report that was not known. This is all too common due to a lack of staying on top of your personal credit report. Here are some common issues we see that cause loans to get denied.
Credit Report Issues:
- Credit Cards charged beyond credit limit
- Credit Cards charged above 30% of allowed credit limit
- Late payments
- Co-signed for loans
- No Credit
- Credit Score too low
- Your dads credit shows up on your report because you are a junior
- Medical Collections
- Stolen Identity
- Credit card fraud
The majority of the time most people have no idea that the previous information discussed affects your credit report. All it takes is one of these mistakes to have issues getting credit extended to you.
If you are getting ready to make a purchase you can definitely save on interest rates and terms by pulling a copy of your credit report with credit scores. This is a preventive measure so you don’t get blind sided with a credit problem. There is a 1 n 4 chances your credit report has incorrect information on it.
Suggestions to avoid common credit report mistakes
- Pull your credit report every 3 months
- Don’t be late on obligations
- Don’t co-sign for anyone
- Don’t charge more on a credit card than you can pay off that month
- Establish credit if you don’t have any with Secured Credit Cards
- Pay your medical bills
- Shred all document that come in the mail to avoid id theft
It only makes since these days to watch out for the problems that have been mentioned.You have nothing to loose by checking your credit report with credit scores regularly. You would be suprised about how many people have identity theft going on with them and not even know about it, until its too late. Identity theft is the fastest growing crime in America. Most identity theft could have been prevented with a little better credit management. If you have not checked your credit in a while, now is a good time to get that piece of mind. This is part of proper credit managment.
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it report is not something to be taken lightly these days. It is almost as important as your social security card. There will come a time where your credit report will be required for credit purposes. We see credit reports on a daily basis, and there typically are issues with that individual’s credit report that was not known. This is all too common due to a lack of staying on top of your personal credit report. Here are some common issues we see that cause loans to get denied.
Credit Report Issues:
- Credit Cards charged beyond credit limit
- Credit Cards charged above 30% of allowed credit limit
- Late payments
- Co-signed for loans
- No Credit
- Credit Score too low
- Your dads credit shows up on your report because you are a junior
- Medical Collections
- Stolen Identity
- Credit card fraud
The majority of the time most people have no idea that the previous information discussed affects your credit report. All it takes is one of these mistakes to have issues getting credit extended to you.
If you are getting ready to make a purchase you can definitely save on interest rates and terms by pulling a copy of your credit report with credit scores. This is a preventive measure so you don’t get blind sided with a credit problem. There is a 1 n 4 chances your credit report has incorrect information on it.
Suggestions to avoid common credit report mistakes
- Pull your credit report every 3 months
- Don’t be late on obligations
- Don’t co-sign for anyone
- Don’t charge more on a credit card than you can pay off that month
- Establish credit if you don’t have any with Secured Credit Cards
- Pay your medical bills
- Shred all document that come in the mail to avoid id theft
It only makes since these days to watch out for the problems that have been mentioned.You have nothing to loose by checking your credit report with credit scores regularly. You would be suprised about how many people have identity theft going on with them and not even know about it, until its too late. Identity theft is the fastest growing crime in America. Most identity theft could have been prevented with a little better credit management. If you have not checked your credit in a while, now is a good time to get that piece of mind. This is part of proper credit managment.
Website content