Credit Repair Houston Expert Vanessa Perry owner of Impeccable Credit Services explains how medical collections can hurt your credit score in the latest episode of Ask Impeccable.
Do Medical Collections Hurt Your Credit Score?
Medical collections will lower your credit score and reflect on your credit report the same as a regular collection. Medical collections are common, but they will still lower your overall credit score.
Will I️ Be Able To Buy A House With Medical Collections?
Medical collections DO reflect on your credit report. However, the medical collections do not count against you in your debt to income ratio when you are applying for a mortgage. Therefore, you may still be able to purchase a home with medical collections on your credit if your score qualifies. If your score does not qualify you should contact a credit restoration company.
Make sure you do your research and get a real credit report pulled before starting with any credit repair company to ensure you actually need credit restoration. In addition, if you are needing or interested in credit repair that you contact someone with experience and reviews.
Credit Repair Houston
Impeccable Credit Services has been able to repair and restore credit over the past sixteen years. If you have medical collections or need someone to look at your credit for a free evaluation give us a call 713-378-1500. Above all, credit is something we take seriously and we treat each of our clients files as if it was our own. With two physical locations we are able to meet in person. We are also capable of virtual meetings as well. We service clients all around the world. Impeccable Credit Services has been Ranked Top 19 Credit Repair Companies in Houston! Our company was ranked over 1,500 companies in the area. Make sure to check out our website.