10-01-2012 06:09 PM
Is it better to pay off a medical bill or fight it to have it removed? I was fighting my DR. About the diagnosis on a bill because Insurance wouldn't cover it and while that was happening I was reported to credit. I lost the fight with the Dr and insurance so I started making monthly payments with the creditor and I'm almost done. Now, I'm trying to buy a house and it's bringing down my score enough to make a difference in the mortgage percent. So, should I pay it off or should I fight the creditor to have it removed from my credit?
10-01-2012 06:58 PM
Ask them if they'd remove it after it's paid. That would be the best outcome for you.
10-02-2012 02:49 AM
If issues over the legitimacy of the debt have been resolved, and you are in the process of paying the creditor, I am unsure what would be the basis for disputing their reporting. What is inaccurate?
Paying is apparently under some agreement reached with the creditor. The legal obligation to continue those payments is entirely separate from any issues over their credit reporting, so I dont see a one-or-the-other issue.
What is the basis to "fight the creditor to have it removed from my credit report"?
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