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#3: Small Collection Accounts Ignored

If you've ever had a bill wind up in collections, you know it can be a serious blow to your credit. And, it's even more frustrating when that collection account is due to something like a small medical bill that slips through the cracks.

FICO 08 will ignore collection accounts where the original balance is less than $100. That doesn't mean you shouldn't pay those accounts, of course, but it does mean they shouldn't hurt your credit scores.

If you've been unfairly treated by debt collectors, learn how to fight back here.