medical debt

New York joins Colorado in banning medical debt from consumer credit scores

by
New York joins Colorado in banning medical debt from consumer credit scores

New York has become the second U.S. state to protect their residents’ credit scores from being tarnished by unpaid medical bills. New York Governor Kathy Hochul on Tuesday signed a bill barring credit reporting agencies such as Equifax, Experian and TransUnion from factoring in medical debt in consumers’ credit reports. Colorado also excludes medical debt from credit scores, except … Read more

Tlaib Bill Would Prohibit Medical Debt From Appearing on Credit Reports

by
Tlaib Bill Would Prohibit Medical Debt From Appearing on Credit Reports

Rep. Rashida Tlaib on Tuesday introduced legislation that would prohibit the inclusion of medical debt—which impacts more than 100 million people across the U.S.—on credit or consumer reports. “The use of credit reports—which frequently contain errors—is now more than ever a huge barrier to a thriving life for many of our residents,” Tlaib (D-Mich.), who … Read more