Most medical debts are being removed from credit reports

Most medical debts are being removed from credit reports by the three major credit reporting agencies, the Wall Street Journal reports.

Changes that Equifax, Experian, and TransUnion are making in how they report medical debt will remove nearly 70 percent of medical debt in collections accounts from consumers’ credit reports, the newspaper says.

The changes include removing medical debts that was paid after being sent to collections (instead of sitting on their credit file for seven years), and new unpaid medal debts won’t get added to credit reports for a year after being sent to collections, according to the WSJ.