Medical debt Relief Act 2023

https://www.consumerfinance.gov/data-research/research-reports/consumer-credit-and-the-removal-of-medical-collections-from-credit-reports/#:~:text=Consumer%20Credit%20and%20the%20Removal%20of%20Medical%20Collections%20from%20Credit%20Reports,-APR%2026%2C%202023&text=The%20three%20nationwide%20consumer%20reporting,reports%20on%20April%2011%2C%202023.?

 

What is the medical debt Relief Act 2023?

 

 

Starting March 30, 2023, these agencies have also agreed to stop reporting medical debts under a certain dollar threshold (at least $500) on credit reports, even if the alleged medical debt is unpaid and in collection.