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New medical debt reporting rules could benefit 60,000 Montanans 

January 9, 2025/

Medical debt will no longer impact your credit score. The Biden administration finalized rules that will remove the debt from credit reports on Tuesday.

The rule not only bars credit reporting bureaus from including medical debt on your credit report, but it also blocks lenders from considering health care debt when evaluating loan applications.

Seven percent of Montanans, roughly 60,000, reported having that debt between 2019 and 2021, according to KFF, a nonpartisan health research group. That’s slightly below the national average.

 

Montana Public Radio | By Aaron Bolton


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