My question involves collection proceedings in the State of: Mississippi
Hi. I am a 20 year old college student.
I started college last year. I applied for the student loans and everything, but it turns out that I still need to take out a loan of about $5000 to pay off the rest of my tuition. This led me to apply for loans from different companies, all of which denied me.
Now, I know that the most likely reason for this is because I'm not old enough to have sufficient credit, but things are different for me. I recieve Medical comp every month, which is supposed to help with education and whatnot. That goes into my bank account. I also have a two credit cards, both of which I keep in good standing. I pay my own cell phone bill also. Shouldn't this give me a pretty good credit standing? I don't have a job because of a medical condition.
Anyway, after I was denied the loan, I decided to look up my credit report. My Transunion report showed 42 counts from a collection agency from the hospital. I had a really bad problem with my health when I was like 17 - 18 years old, but I also had Medicaid and Medicare to take care of all of the bills.
So, it surprised me that I have these on my credit report. I don't know much about credit law and all of that, but I'm sure that I those 42 accounts are bringing down my credit score. Am i right?
The thing is, they're all from the same company that used to harass us with calls. WE'd tell them that we had Medicaid/Medicare to pay them, and they'd apologize and say they wouldn't call us anymore.
Is there anything that I can do? I want to get some legal info for options so that I don't make a wrong move. I really need help with this. Thanks!
I hope I provided enough info. If there are more details needed, let me know. :-)

