Frequently Asked Questions(FAQ)

What happens if you don’t repay your medical debt?

If you don’t repay your medical debt, your credit score will suffer, and you will be charged additional interest and late fees. Eventually, your medical debt will go into collections, and you may face lawsuits or wage garnishments.

Can you get a loan to cover your medical bills?
What should I do if my medical debt is in collections?

It is best to pay off your medical collection account as soon as possible. If the debt is paid off within one year of the delinquency date, the collection account will not appear on your credit report.

Can you have your medical debt forgiven?

It’s not common to get medical debt forgiven, but there are some financial relief options available. This includes government assistance programs, assistance from specialized organizations, and hospital forgiveness programs.

About the Authors

Tetiana Sitiugina-Babiuk

Written by: Tetiana Sitiugina-Babiuk

Financial Sector Specialist and Content Strategist

Independent writer, content strategist, and financial sector specialist. Tatiana has an extensive experience in working with financial institutions such as Bank of Canada and Risk Management unit at FinDev Canada. She holds an MA in Financial Risk Management from the University of Toronto.

More about me

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