Reply
New Contributor
PresidentPatton
Posts: 67
Registered: ‎01-18-2013
0

Medical Bill Deletion and my Score?

Does anyone have any experience with how much of an improvement I might see after having 5 very recent Medical Bills deleted from my reports?

PresP
4/23/13: TU 615, EX 600, EQ 581
1/16/13: TU 585, EX 525, EQ 514
Goal: For now just get approved for FHA 7/13

Cards: Cap1 Secured - $200; NFCU $6k
Senior Contributor
fishbjc
Posts: 3,363
Registered: ‎11-30-2007
0

Re: Medical Bill Deletion and my Score?

I had one go away, got +17, YMMV.  There are a lot of factors involved. 

Valued Contributor
Scupra
Posts: 1,307
Registered: ‎07-12-2012
0

Re: Medical Bill Deletion and my Score?

I had 5 deleted off of my TU report which gave me 12 point increase. The status on them at the time they were removed was iibk though.

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
679 EQ FICO 08/2014
674 TU FICO 08/2014
669 EX FICO 08/2014
$14k NFCU Flagship Sig - $14k NFCU cashRewards Sig - $15k NavChek - $6k Barclays Arrival + - $2k Cap1 Quicksilver
Valued Contributor
madmann26
Posts: 1,424
Registered: ‎08-30-2012
0

Re: Medical Bill Deletion and my Score?

When the 1st CA hits your CR, you take a decent hit. Any subsequent CA's hurt, but hurt less. If these are the only 5 CA's on your CR, then you should see a nice bump once they get pulled off. YMMV as always.


Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 705|EQ 690|EXP 698 (FICO)
What's in my wallet? Cap1 PLAT AU $1.25k; Cap1 Cash AU $2k; NFCU Siggy $23k; $4k WalMart DC; CFNA Firestone $2.2k; Amazon $2.1k; NFCU Cash Rewards $22K; AMEX BCE $18k; NavCheck $15k; Lowe's $10k; Citi DP $6.3k; AMEX ED $8.5k; Chase Freedom $4.5k
Goal Score: 700 across the board.
Take the FICO Fitness Challenge
My Journey
Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

Re: Medical Bill Deletion and my Score?

+1 madman

 

It would depend on what else is on your CR.  Do you have any other baddies?  What type of positive TLs do you have.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
New Contributor
PresidentPatton
Posts: 67
Registered: ‎01-18-2013
0

Re: Medical Bill Deletion and my Score?

Thank you everyone for your comments!

 

Sadly I have several baddies on my report that I am trying to figure out what is what and how to take care of them. There are two additional medical bills, plus three credit cards (some of which I know shouldn't be there), but the biggest and ugliest are my defaulted SL's that show up on my report 4 x as US of ED and once as the OC, I am currently in a rehab program for this though and should complete the 9 month process in June.

 

I'm really hoping to get to where I can purchase my first home via FHA by mid summer, does anyone know if this is possible after the rehab program and cleaning up what I can on my report?

PresP
4/23/13: TU 615, EX 600, EQ 581
1/16/13: TU 585, EX 525, EQ 514
Goal: For now just get approved for FHA 7/13

Cards: Cap1 Secured - $200; NFCU $6k
Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

Re: Medical Bill Deletion and my Score?

Is it possible?  Well, before I came here, my credit was in absolute shambles, I couldn't get a pack of gum on credit.  But after reading, posting, asking, begging, etc., and most of all, learning.  I've figured out how to do everything opposite of how I was before.  Yes, it is possible, with some work, you will get a new house.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
New Contributor
PresidentPatton
Posts: 67
Registered: ‎01-18-2013
0

Re: Medical Bill Deletion and my Score?

Thanks Shogun! I'll keep reading/learning and do what I can!

PresP
4/23/13: TU 615, EX 600, EQ 581
1/16/13: TU 585, EX 525, EQ 514
Goal: For now just get approved for FHA 7/13

Cards: Cap1 Secured - $200; NFCU $6k

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+