Browsing the archives for the bills tag

Do all bills affect your credit rating or just credit-related bills (such as creditcards, loans, mortgages..)?

28 Jan, 2011 in Equifax Credit Report by C.R.I.

I understand that credit card accounts, mortgages, and things like car loans will affect your credit score majorly depending on when you pay, your balance, etc… But how much, if any and when, do other bills (insurance, internet, phone, medical..) affect it? And if they do, will paying them off fix this? I recently was [...]

9 Comments

tagged affect, bills, credit, creditcards, creditrelated, just, Loans, mortgages, rating, such

Will my credit score go up if I pay my debt that I owed from medical bills that went to collections?

31 Jul, 2010 in Collections, Medical Debt by C.R.I.

I paid my debt from past medical bills that went to collection. They said it takes every 2 weeks to get updated and they cannot remove this from credit history. They say it takes 7 years before it gets remove. Will my credit score go up a little if I pay all my medical debts?

3 Comments

tagged bills, Collections, credit, debt, from, medical, owed, score, Went

Is it true bills get removed from credit report in 5 yrs?

30 Jun, 2010 in Build Your Credit by C.R.I.

I have a lot of hospital bills. I need to file bankruptcy but it’s hard to get them all together. But a friend said after 5 years they are taken off your credit score. How does that work exactly? I have not filed bankruptcy yet. Just wondering if they really get taken off your credit [...]

8 Comments

tagged bills, credit, from, removed, report, True