3 Things You Should Know About Medical Debts Vanishing Credit Reports

3 Things You Should Know About Medical Debts Vanishing Credit Reports
Will your medical debts vanish your credit report? Three facts can help you to understand the situation. Illustration - Shutterstock
The Associated Press
Updated:

Health care bills are about to become far less threatening to the financial well-being of millions of Americans.

The three major credit bureaus are erasing most medical debts from people’s credit reports, and the Biden administration is reducing or eliminating medical debt as a factor in government lending decisions.