Medical debt under $500 now excluded from credit reports
There is relief coming to some people with medical debt on their credit reports.
The three major credit bureaus — Experian, Transunion and Equifax — are no longer including medical collections under $500 on credit reports.
The medical debt won't be automatically removed from your credit report, you will still have to dispute it to get it removed.
It's a dispute one Valley credit expert says is worth fighting.
This new rule does not mean your debt is forgiven, as you’ll still have to pay it off.
Watch the video above for the full story.
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