Journeyjeans Posted March 19, 2022 Share Posted March 19, 2022 Hi folks! Need some encouragement today. Checked my FICO 8’s…..TranUnion is 782….Equifax is 770… Experian? 696 All because of one collection account I paid because the bank (mortgage) wanted and needed me to. the collection account was opened Jan. 2016, but the Balance was “updated” July 2020 when I paid it. when does this fall off? It’s totally ruining my Experian FICO 😕 Quote Link to comment Share on other sites More sharing options...
Journeyjeans Posted March 19, 2022 Author Share Posted March 19, 2022 Looks like July 1st, 2022 according to this article I found in this forum. It is medical debt, and only $395 paid in full. Yay! https://www.businesswire.com/news/home/20220318005244/en/Equifax-Experian-and-TransUnion-Support-U.S.-Consumers-With-Changes-to-Medical-Collection-Debt-Reporting VintageWillow and hegemony 2 Quote Link to comment Share on other sites More sharing options...
centex Posted March 19, 2022 Share Posted March 19, 2022 The key is when the debt went delinquent. A third-party opening it in THEIR office in 2016 tends to lend credence to a proposition that you were in default prior to that date. You need that other date to figure out the seven years and six months window under traditional guidelines. hegemony, Bluesie58 and Journeyjeans 2 1 Quote Link to comment Share on other sites More sharing options...
chrishillson Posted March 21, 2022 Share Posted March 21, 2022 You need to pull an official copy of your credit reports to determine the date of the debt. Credit monitoring sites or even the report your mortgage broker pulled won't show you full details. Neither the "date reported" or "date updated" are relevant as to when it will fall off. You may have other options besides waiting for the new change to take effect, such as: Follow along carefully for handing paid medical collections reporting paid/$0 balance: https://whychat.me/GUIDE HIPAA PROGRAM.html and direct questions here: https://creditboards.com/forums/index.php?/forum/39-medical-billing-amp-medical-collections/ Journeyjeans and hegemony 1 1 Quote Link to comment Share on other sites More sharing options...
Journeyjeans Posted April 4, 2022 Author Share Posted April 4, 2022 The account fell off! My Experian FICO 8 is now 808! It was my lowest score and now it’s my highest! hegemony and VintageWillow 1 1 Quote Link to comment Share on other sites More sharing options...
hegemony Posted April 4, 2022 Share Posted April 4, 2022 24 minutes ago, Journeyjeans said: The account fell off! My Experian FICO 8 is now 808! It was my lowest score and now it’s my highest! SWEET!!!! Journeyjeans 1 Quote Link to comment Share on other sites More sharing options...
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