Breaking News: Positive Changes for Consumers Made Jointly by Equifax, Experian, and TransUnion

I think this important information for everyone to be aware of since it can affect your credit rating.  
Equifax, Experian and TransUnion, the three nationwide credit reporting agencies – – have agreed to three important changes to reporting medical collection accounts.
• Paid medical collection debt will no longer be included on consumer credit reports, as of July 1, 2022.   • The time period before unpaid medical collection debt will appear on a consumer’s report will be increased from six months to one year, also effective July 1, 2022. This change gives consumers more time to work with insurance and/or healthcare providers to address medical collection debt before it appears on credit reports.   • Medical debt collection accounts under at least $500 will no longer be included on consumer credit reports. This goes into effect the first half of 2023.
These significant changes to medical collection debt reporting support consumers faced with unexpected medical bills.  These changes will help many of your credit scores go up. Of course better credit scores are wonderful if you are thinking about buying a home. Do you have a need for commercial/industrial/retail buildings or land? Are you ready to buy or sell a home? Do you want a guaranteed cash offer? We can help you with all of that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com Choose to have an amazing day….Jeff

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