Major credit-score provider to exclude medical debts

Unpaid medical debts of less than $500 will be removed from credit reports starting in the first half of next year, though it is possible that the dollar amount could rise (Photo: iStock) — Unpaid medical debts of less than $500 will be removed from credit reports starting in the first half of next year, though it is possible that the dollar amount could rise (Photo: iStock)

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2 min read . Updated: 10 Aug 2022, 06:17 PM IST AnnaMaria Andriotis, The Wall Street Journal

VantageScore found medical bills in collections aren’t good predictors of creditworthiness

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Credit-score provider VantageScore Solutions LLC said it would stop factoring all medical debts that are in collections into the latest versions of its scores.

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