Most medical debt should be removed from consumer credit reports


The biggest credit reporting companies will remove tens of billions of dollars in medical debt from consumers’ credit reports, erasing a black mark that is making it harder for millions of Americans to borrow.

Equifax Inc., Experian PLC and TransUnion are making big changes to how they report medical debt starting this summer. The changes, which have been in the works for several months, will remove nearly 70% of medical debt in credit report collection accounts.


Wj

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