‘An Arm and a Leg’: Good News for Your Credit Report ...Middle East

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‘An Arm and a Leg’: Good News for Your Credit Report
Can’t see the audio player? Click here to listen. Click here for a transcript of the episode. Credit reporting bureaus announced in March that they would start taking most paid medical debt off people’s credit reports. At first, we weren’t sure that would be such a huge deal. After all, the unpaid medical debt would still exist, people would still get harassed by debt collectors, or even sued over it. But it turns out, there are a bunch of reasons these changes could be life-changing, and we want to give credit (the good kind) where it’s due.  The changes include: Paid-off medical debt disappears from credit reports on July 1, 2022.Debts under $500 (even if you haven

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