Stay updated with breaking news from Consumer Data Industry. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Three major U.S. credit reporting companies will stop counting paid medical debt on the reports that banks, potential landlords and others use to judge creditworthiness.
Patient advocates call the move a huge advance, but they question whether medical debt should be on credit reports at all.
The three major U.S. credit reporting agencies will stop counting paid medical debt on reports banks, others use to judge creditworthiness.
The three major credit companies plan to remove as much as 70% of the debt shouldered by Americans for medical bills from their credit scores.
Patient advocates call the move a huge advance, but they question whether medical debt should be on credit reports at all.