Medical Collections Being Removed From Credit Reports

The HartBeat Show Podcast

Medical Collections Being Removed From Credit Reports

Starting on July 1, 2022 there are some big changes coming to the credit reporting for consumers. This is great news for consumers!

Medical collections will not be able to report to the consumer credits report for 365 days. This will give the consumer more time to work with their insurance company or to pay the bill outright before it hits your credit report.

Paid medical collections will be removed from your credit report. In the past, a paid medical collection would stay on your credit report and it could have negatively affected your credit score.

The good news does not stop in July. Starting in March 2023 any medical collection under $500 will not be reported to the credit bureaus.

Call my office at 239-437-4278 with any questions or concerns.

We are always here to help. Have a rate day!

I do Mortgages for a living, if I can ever help you buy or refinance a home let me know!

· Apply for a mortgage now at https://timhart.floify.com/apply-now

· TEXT “APPLY” to 239-437-4278

· Call me or text me 239-910-5668

· Talk to my team were here to help! 239-437-4278

· Check out my website www.TimHartJr.com

Connect with me on Social Media

YouTube - http://bit.ly/2Ourk8c

Instagram - https://www.instagram.com/timhart453/?hl=en

Facebook - https://www.facebook.com/TimHartJr

LinkedIn - https://www.linkedin.com/in/timhartjr/