Blog Archives

Medical Bills and Your Credit Report

Posted on April 16, 2018 by Elaina Johannessen — No Comments ↓

Good news for those with medical debt. If you haven’t heard, under the FICO Score 9 paid off medical bills no longer affect your credit score. In addition, medical bills paid by insurance won’t show up on credit reports either. The…

Flashback Friday: What charge-offs are and how to prevent them

Posted on January 22, 2016 by Elaina Johannessen — No Comments ↓

A charge-off is one of the worst marks you can have on your credit report. It basically means that you have fallen so far behind on your monthly payments that the creditor considers it highly unlikely they will ever get…

How to Pay Collection Debt

Posted on July 21, 2014 by Elaina Johannessen — No Comments ↓

Like so many during the Great Recession, you lost your job and had to prioritize expenses. Maybe you had to break a cable contract so you could manage the house payment, or you had to defer paying medical bills until…