 TITLE: What Types of Debt Can Go to Collections? CONTENT: Collection Accounts that May Not Affect Your Credit Scores\n----------------------------------------------------------\nThe national consumer credit reporting agencies (Experian, TransUnion and Equifax) responded to growing concerns over medical debt collections by changing their handling of those accounts in the National Consumer Assistance Plan. If a medical debt collection account is paid by an insurance company, it is removed from your credit reports immediately, instead of persisting for seven years like other paid collection accounts.\nThe companies that maintain the leading credit scoring models, FICO and VantageScore®, also altered their calculation methods in response to consumer concerns over collection accounts:\n*   FICO® Score☉ versions launched since FICO® Score 8 (introduced in 2009) ignore small-dollar \"nuisance\" collection accounts in which the original balance was less than $100.\n*   FICO® Score 9 (introduced in 2014) and FICO® Score 10 (the most recent version, introduced in 2020) additionally ignore all paid collection accounts and assign less weight to unpaid medical collections than they do other unpaid collections.\n*   VantageScore versions 3.0 (introduced in 2013) and 4.0 (the most recent version, introduced in 2017) ignore all paid collection accounts when calculating your credit score. END