New Contributor
PresidentPatton
Posts: 67
Registered: ‎01-18-2013
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: 3,422
Registered: ‎11-30-2007
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: 1,591
Registered: ‎07-12-2012
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
693 EQ FICO 10/2014
680 TU FICO 09/2014
682 EX FICO 09/2014
$14k NFCU Flagship Sig - $14k NFCU cashRewards Sig - $15k NavChek - $6k Barclay Arrival + - $5k Cap1 Quicksilver - $2.2k Amazon Store
Valued Contributor
madmann26
Posts: 1,440
Registered: ‎08-30-2012
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.
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My Journey
Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
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
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
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
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