Learn effective strategies to remove collections from your credit report, improve your credit score, and regain financial control.
Collections, and other adverse information, can stay on your credit report for 7 years. Learn more about how collections can affect your credit.
Collections are recorded on your credit report when you default on a debt, and they can last up to seven years.
Learn what a credit report is, how it affects your financial health, and why it's crucial for loans, mortgages, and more.
What is a collection account, and how can it negatively impact your credit scores and credit reports? Equifax breaks down the basics in this comprehensive guide.
If you have a collection on your credit report, you may be wondering how it may impact your FICO® Scores. Below we share answers to the most commonly asked questions about collections. As with any derogatory information, when reported, its impact on a FICO Score will gradually lessen over time as they age off the credit report. If you become significantly delinquent on a credit obligation such as a credit card or medical debt, the lender or company owed will often consider it a loss and sell i...
Changes have made it so medical debt carries less influence on credit reports. But experts say more can be done to improve health-care affordability.
What are collections, and how long do collections stay on your credit report? Find the answers here so you can confidently manage your credit.
By: Aja McClanahan · Editor: Marcela Otero Costa · Updated by: Pete Grieve
Medical collections on consumer credit reports have been an area of focus for CFPB research in recent years. In addition to studying trends in medical debt as a whole, CFPB reports have documented...