It may be some relief to know that recent changes to FICO credit scoring
treats medical debt in collections differently than other debt, and it can be removed entirely from a report when the debt is settled.
In the new score models, medical collections are now treated differently than other types of debt «resulting in medical debt having less of a negative impact than with Classic FICO,» according to FHFA's request for inpu
In the new score models,
medical collections are now
treated differently than other types of
debt «resulting
in medical debt having less of a negative impact than with Classic FICO,» according to FHFA's request for inpu
in medical debt having less of a negative impact than with Classic FICO,» according to FHFA's request for input.