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Medical bills do not usually show up on your credit report just because you owe a provider. In most cases, they only show up if the unpaid bill is sent to collections and then reported to the credit bureaus. In the past, unpaid medical collections could stay on your credit report for up to seven years.

Debt collectors typically make money by recovering payments on overdue accounts. Some work on behalf of the original creditor and earn a fee for collecting the debt. Others purchase delinquent accounts for less than the full balance and then try to collect more than they paid.

If you’re thinking about bankruptcy, you’re probably trying to answer one simple question: will this actually help, or will it create a new set of problems?

Financial stress can affect more than your budget. It can also spill into your sleep, focus, mood, decision-making, and overall health. According to research from the Financial Health Network, 4 in 10 Americans report high or moderate stress from their finances.

Getting laid off can feel like the floor just dropped out from under you overnight. One moment can suddenly change your income, your routine, and your plans for the next few months.

If you are getting a tax refund this year, you might be wondering what to do with it. Should you save it, use it to pay down debt, or split it between both? You are not alone in weighing these options. Around 43% of people say they plan to save or invest their tax refund, according to a recent Experian survey, while others plan to use it to pay down debt.

The right choice depends on your current financial situation, especially your savings.

An 800 credit score is possible, but it usually doesn’t happen overnight. It is less about a single trick and more about doing several simple things well over time.

If you owe the IRS more than you can pay this year, don’t panic. Read on for possible solutions if you can’t pay your taxes.

If you owe the IRS, the first thing to know is that settling tax debt is possible in some cases, but it is not automatic and it is not the only option.