New collection

[Anonymous]

Called the hospital and they sent my bill to collections
How long before the report it to my credit file they have not sent me any letters demanding payment my score is 740 no collections all postive how much time do i have before they report i paid them 50.00 and setup a payment plan but im stressed out my credit is my life...... how much time do i have getting this on my credit camt happend i have the money to pay it.... i cant imagine how many points i would drop if it hit....

[stargazer25]

How long ago was the Date of Service? Is this your part due after insurance paid out? Who is the collection agency? Can't tell you how many points will drop. 

[RobertEG]

The CRAs have implemented a new policy regarding medical collections, as set forth in their National Consumer Assistance Plan, wherein they do not include any reported collection in your credit report until at least 180 days have passed since the delinquency on the debt.  Thus, if a debt collector has reported their collection, it will be excluded by the CRA until 180 days from delinquency.

Additionally, even if a medical collection does become included in your credit report, the CRA will remove it if it is later paid via insurance, without any involvement or approval of the debt collector.