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Unpaid balances owed to insurance companies will be sent to collection agencies and will count against your credit.

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Q: Can an unpaid balance on auto insurance effect your credit?
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Is a credit balance in a vendor subsidiary account an unpaid balance owed?


Is a credit balance an unpaid balance owed?

a "credit balance" is money that you have.


Is a credit balance in a vendor subsidiary account is an unpaid balance owed.?

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When does an unpaid medical bill start to have a negative effect on your credit rating?

Your unpaid medical bills will not be reported to credit bureaus until sent to a collection agency. As long as they remain with the provider, the unpaid balance is just that, an unpaid balance. However, some interest rates may apply, depending on the state that you are in, so that balance could change.


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Any credit balance in a vendor subsidiary account ia an unpaid balance owed?


Can a bank attach a unpaid balance to real estate?

Not in Texas. If the unpaid balance is related to your Mortgage then the answer is yes. In this case your home will be foreclosed. an unpaid balance will eventually be reported to the credit bureau.


If you leave a little of your credit card balance unpaid each month will it have a positive effect on your credit rating?

It CAN have a positive effect, but it also depends on the rest of your credit report. Leaving a small balance is advice often given to people who are looking to establish credit: borrow money, pay most of it, but show that you can make payments responsibly by making payments on a small balance.


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Is Commercial Credit Insurance casualty insurance?

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