Impact on Credit Score due to a Medical Debt Default
Nexa Collect
JUNE 18, 2023
Newer Scoring Models : Some newer credit scoring models, like FICO Score 9 and VantageScore 4.0, They often weigh medical collections less heavily than non-medical collections, acknowledging that medical debt can sometimes be incurred through no fault of the consumer. treat medical collection accounts differently than non-medical ones.
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