Big news! The time period before unpaid medical collection debt would appear on a consumer’s report will be increased from 6 months to one year, giving consumers more time to work with insurance and/or healthcare providers to address their debt before it is reported on their credit file. Effective March 30, 2023, Equifax, Experian and TransUnion will also no longer include medical collection debt under at least $500 on credit reports.
We are passionate about helping you purchase your dream home and are happy to help guide you through the financial responsibilities involved in a mortgage. Give us a call today at 866-860-0548 or email [email protected] to get started on your home-buying journey!
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