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Beginning July 1, 2022, consumer credit-reporting agencies Equifax, Experian, and TransUnion will wait 1 year before including unpaid medical debt on your credit report. Credit agencies also will stop including paid medical debt on credit reports starting July 1, 2022.
Credit is tightening up. Be sure to stay on top of your credit reporting. www.annualcreditreport.com.
Consumer credit advanced by $38.07 billion in April, topping the market estimate of $35 billion, the Federal Reserve’s monthly credit report highlighted. This is down from the $47.34 billion increase in consumer credit in March.