Bureau Of Medical Economics on your credit report?
Bureau Of Medical Economics is a debt collection company
You may not have to pay your debt (paying it may hurt your score)
Call to learn the #1 way you may be able to remove it
Call (855) 957-5771
Frequently Asked Questions
Who Does Bureau Of Medical Economics Collect For?
Bureau Of Medical Economics is a debt collector reporting a collection account on your credit report.
In some cases this means they purchased the debt from the original creditor (i.e. a credit card or loan company). Usually this means they paid pennies on the dollar, sometimes 1/10th of the original cost, to buy this debt. In other cases they may not own the debt themselves, instead being paid to collect on behalf of another company.
They may attempt to communicate with you via mail or phone calls (demanding payment). Even worse, a collections account now appears on your credit report. This hurts your score (and chances) to get approved for a loan or other important financial event.
Does Bureau Of Medical Economics Hurt My Credit Score?
Any derogratory mark under it's statute of limitations may severely impact your credit score. A collections account is no different.
How Do I Remove Bureau Of Medical Economics From My Credit Report?
Removing Bureau Of Medical Economics from your credit report may be possible if any information on the account is incorrect, error'd, or fraudulent, and is not (or cannot be) fixed in an appropriate amount of time. According to a study by the U.S. PIRGs, 79% of credit reports contain mistakes or serious errors. We specialize in going after these types of accounts for our clients.
Is Bureau Of Medical Economics A Debt Collection Agency?
Bureau Of Medical Economics is a debt collector reporting a collection account on your credit report. They buy debt from a number of different creditors that have given up on trying to collect the amount themselves (sometimes referred to as a "charge-off").
Should I Negotiate A Settlement With Bureau Of Medical Economics?
Settling your debt with Bureau Of Medical Economics may help your score, but it may also hurt your score. The answer depends on many variables. You may also not have to pay at all, and if any issues with the account exist you may have it removed all together (and never have to hear from them again).
Call (855) 957-5771