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Satisfied medical debt is no longer counted for consumer credit scores effective July 2022.
by NovemberWhiskey 3y ago
Satisfied medical debt is no longer counted for consumer credit scores effective July 2022.
- Gow8876 3y agoOfficially no. Unofficially my relatives in the loan industry still use that. American laws especially finance are not strictly enforced unless political, or terrorists-related. After election it will be overturned likely.
- NovemberWhiskey 3y agohttps://www.equifax.com/newsroom/all-news/-/story/first-changes-to-reporting-of-medical-collection-debt-roll-out-july-1-2022/ https://www.equifax.com/newsroom/all-news/-/story/first-chan... >Effective July 1, 2022, all medical collection debt that has been paid by the consumer in full will no longer be included on U.S. consumer credit reports. Where exactly are your "relatives in the loan industry" getting the data if not from the credit reporting agencies?