What will the medical collection account look like on my credit report now?
If reporting from Trans Union: The creditor name and account number will read “MEDICAL” If reporting from Experian: The creditor name and account will read “Medical Payment Data” Q: How do consumers verify what is being reported on the collection account? Consumers should contact the credit bureaus on file directly if there is a need to clarify any of the medical information. The appropriate contact information for the credit bureau is returned in the “Bureau Addresses” section of the credit report. Q: Will the consumers report mask any of the collection information? No. Consumer copies of reports will not mask any of the medical collection information and will report everything to the consumer. Q. Does the protection of medical data impact score calculation? No, the original credit grantor field is not used in score calculation, therefore will not affect the score display. Information Links: http://www.ftc.gov/opa/2004/06/factaidt.
