Not paying medical bills can indeed affect your credit score, particularly if those bills are turned over to a collection agency. In the U.S., while medical debt is treated somewhat differently than other types of debt, it can still have…
Yes, a collection agency can significantly affect your credit score. When your account is handed over to a collection agency, it typically leads to a substantial decrease in your credit score, which can hinder your ability to obtain loans, secure…
If you’re dealing with a collection agency, it’s crucial to know that they can indeed affect your credit score negatively. Collection accounts can stay on your credit report for up to seven years, which can significantly lower your credit score.…