Massachusetts H476 would exclude medical debt from creditor reports.

Massachusetts H476 amends the state's General Laws to exclude medical debt from creditor reports. The bill modifies the definition of adverse items that can appear on a consumer's credit report, ensuring that medical debt is not included. This change aims to protect consumers from the negative impact of medical debt on their credit scores. The bill also includes a provision that any other adverse information older than seven years should be excluded from credit reports.

Massachusetts H476 would exclude medical debt from creditor reports.

Massachusetts H476 amends the state's General Laws to exclude medical debt from creditor reports. The bill modifies the definition of adverse items that can appear on a consumer's credit report, ensuring that medical debt is not included. This change aims to protect consumers from the negative impact of medical debt on their credit scores. The bill also includes a provision that any other adverse information older than seven years should be excluded from credit reports.