I recently checked my credit report and credit score. I thought for sure they would still be dinging me from unpaid bills from when I went Psychotic.(Mostly hospital bills). I was surprised to find that there was nothing negative on my credit report. It basically indicated that the only reason my credit score was fairly low, was because I don’t have much of a credit history anymore. I don’t use credit at all.
All this was a pleasant surprise. If I choose to build my credit up now, I could probably do so without any dings to bring the score down.
As far as debt, since psychosis related bills seem to have been dropped, I have none. No house loan(sold my house with no profit during psychosis), no car loan(I drive my dads van), no credit cards, etc.
I realize this might be too personal of info for some, so if you don’t feel like sharing, don’t.
My old bills were basically from another life. When they were actively trying to collect the money from me from when I went psychotic, I was unemployed with no disability or income worth noting. By the time I had an income again, they had given up on collecting from me. I still expected to have dings on my report though.
I really don’t use credit but may start building it back up for the sake of having it in the event that I need it someday.
My credit score might be worse than I thought, due to an old bill I didn’t want to pay. I had been taken to the emergency room for a psych. evaluation, and then they committed me. The thing is, I really did not want to go to the emergency room. I was very angry about it. So, expecting me to pay for it seemed like adding insult to injury. I eventually paid the bill.
I felt this way about some of the bills they tried to collect as well. It’s like “You forced me to be there and you expect me to pay for it? Now you’re harassing the bejeezus out of me when I have no income?”
I have a poor credit score now. I think I owe 14k and have 60 and 90 day late payments. My score is 496 out of 850 I think and is considered poor credit. I would have to get my score up to 580 to be considered Fair credit.
I never calculated my credit score. But I am paying ₹25000 per month for the Emi of bank loan. In the psychosis i was never sold any property but bought a new house and 2 car (1car i have sold out). This Emi are for these loans.
I have a credit card, which my bank didn’t allowed because of the loans. Then I fixed deposit ₹30000 for garantee of my credit card, that usually used in dollars transactions.
I have about $750,000 worth of debt. Took out a bunch of loans to buy a business. My credit used to be okay but I can’t afford to pay back the loans and it tanked. Most of the debt is two mortgages and I have a good bit of equity in both houses.
