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A lot of people in here think that you don't have to pay your medical bills with no consequences. That's absolutely false! Medical debt can destroy your credit
by DonnyV 3y ago
A lot of people in here think that you don't have to pay your medical bills with no consequences. That's absolutely false! Medical debt can destroy your credit and keep you from being able to purchase a car, renting and purchasing a home. It can also increase your car and home insurance rates.
- bdcravens 3y agoIt doesn't have zero effect, but medical debt has been increasingly deemphasized in many credit scoring models over time. Generally speaking, the only medical debt that should show up is anything over $500 that is at least one year in collections.