In fact, those collections stayed on a person's record as long as seven years, even if they had no other unpaid debts. (wisebread.com)
There are promises that a new credit score model, the FICO 9, will weigh medical debt less severely than other unpaid debt, but the impact of that is still yet to be known. (policygenius.com)
The presence of collections, judgments, and other unpaid debt may negate a lender from issuing a loan though the presence of such financial adversity may not necessarily result in an automatic denial. (vahomeloancenters.org)