@Anonymous wrote:Hi all,
I have a medical collection with Medical Data systems, I initially thought that my insurance paid so I asked them to validate the debt and they sent me a packet of information, invoices, etc. I called the hospital directly and asked if I could pay them, they told me that i needed to deal directly with MDS. I was going to call them this week, but has anyone had any luck with getting a PFD with them? The bill is from 2017.
Also, if I cant get a PFD, does anyone know if I would get a score increase from paying? What were your experiences? On EX it is actually listed as a loan, it says loan balance and 0 % paid. I wonder if this is accurate reporting?
Thanks
If its your only derog then you would see a good fico score increase once its deleted. A collection is not a loan and can only be reported as a collection with no payment history.
Medical collections are some of the easiest to get removed from your CRs, here are the steps that you should follow to address them:
1. Call the OC and see if insurance can be billed, (or-rebilled), collections ultimately paid by insurance get removed per new rules that came from CRAs settlement with 22 state AGs. If not then
2. see if you qualify for Charity Care, if not then
3. ask that they recall the collection in exchange for full payment
4. Send the reporting CA a PFD offer
5. Google the HIPAA Process and contact its creator for help, this process cannot be discussed in any forum of myFico.
