A consumer, didn’t understand how to read a credit report so they took advantage of InCreditable Advisors free credit analysis review and sat down with one of our credit advisors. To the consumers surprise, the credit reports showed about 14 medical bills that went unpaid and were sent immediately to collection agencies. The consumer stated that most of them should have been covered by the insurance company and or the information was not properly updated. So, they did what anyone with insurance would do, call the insurance company and find out why medical expenses were not paid.
With numerous of phone calls to their insurance company and the collection agencies explaining that there was an oversight on the billing and that they needed to correct the errors. After several months of this never ending battle they, deciding to seek out professional credit help to assist in the ordeal of fighting with the collection company’s harassing phone calls.
Result: With a few requested proper documents and a few phone calls InCreditable Advisors was able to prove to the collection agencies that our clients insurance coverage had in fact paid several medical bills. A dispute was drafted and submitted on behalf of our client to all three major credit reporting bureaus. Within a few months, 9 accounts were deleted from the credit reports, because they were in fact paid by the insurance and never should have been placed in collections or reported to the consumers credit profile.
The other 5 accounts were valid and were later settled for half of what the client actually owed and later updated on all three credit report agencies Experian, Equifax and TransUnion reflecting the accounts paid in full and eventually removed per agreement negotiated. This process of updating the clients credit profile and settling those old medical bills allowed their credit score to increase drastically enough to close on their first new home. Thanks to the assistance of Indy’s most trusted credit consulting company InCreditable Advisors.
InCreditable Advisors is Indy’s #1 Credit Consulting Company. We are fully licensed, registered, and Bonded as required in every state in which we operate. Our company’s specialization is Credit Repair, Debt Settlement and Credit Education. Our service is empowering and impactful in the ways we assist with all phases of the credit rebuilding processes. Call us today at 317.202.1297 for a initial credit analysis.