Your medical debt is coming off your credit report!

The Covid-19 pandemic has been a game-changer. Hundreds of thousands across the country have been left with medical debt that has been plaguing them for years. This can be due to a number of reasons, but the good news is that any medical debts won’t appear on credit reports for a year.  

Before celebrating, make sure that your medical debt qualifies to get removed. Now, how would you know if it does?

First, if you incurred a medical debt but have already paid it off, Equifax, Experian, and Transunion will remove this from your credit report. This will start on July 1, 2022.

Second, Credit reporting firms also won’t include medical collection debts under $500 on your credit report.

Third, any unpaid medical debt won’t appear on credit reports for a year, up from the previous 6 months, in order to give consumers time with providers and insurers to address the bill.

We know this is something a lot of people don’t know, so I want to make sure you have the information you need to help with your credit score.

You are also entitled to one free credit report a week from each of the big three credit reporting businesses. It is important that you check your credit report to make sure that everything is in order.

Here’s a link where you can check your credit report:

If you see any misplaced debt that should have been removed already, make sure to follow our process to get this removed and challenge these. 

Now with all of this information, you should now be able to make sure that no medical debt appears in your report.

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