Credit Agencies Announce Changes To Medical Collection Reporting

According to Equifax, Experian, and TransUnion, the three nationwide credit reporting agencies, have agreed to make important changes when reporting medical collection accounts. Changes made to the reporting of medical collection accounts include:


  • 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 in the first half of 2023.

Reportedly, these changes to medical collection debt reporting are meant to support consumers faced with unexpected medical bills.

According to, Credit reporting agencies, also known as credit bureaus or consumer reporting agencies, are agencies that collect information relevant to your credit and financial history. When you apply for a loan, request an increase on your credit limit, or even apply for a new job, your credit report will likely come into play. The three credit agencies collect and house the information that helps potential lenders or employers rate your reliability. Each of the credit agencies offers slightly different services, and not all vendors report to all three credit agencies. This means that the information on your credit report can vary from agency to agency, resulting in different scores.

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