Does Medical Debt Impact My Credit Score?

On July 1st, 2022, several nationwide credit reporting agencies (NCRAs) adjusted how they approach medical collections. Whether you’ve already read the press release or this is your first time hearing about it, you probably have a few questions, like:

  • How does medical debt work?
  • What policies were revised this July?
  • Can medical debt be removed from my credit report?

Continue reading to understand everything you need to know about the new changes, and how medical debt will impact your credit score in the future.

Dollars with stethoscope on them. Costs for the medical insurance