Daily Mail
America’s biggest credit-reporting firms announced they will strip tens of billions of dollars in medical debt from consumers’ credit reports starting this summer – an attempt at relief for the reported 23 million Americans whose credit has been marred by overdue medical costs, hampering their ability to buy homes and take loans.
Equifax, Experian, and TransUnion – the world’s three largest consumer credit reporting agencies – all announced Friday that they would collectively wipe 70 percent of a reported $195 billion deficit from their collection accounts, an amount that’s likely surged since the start of the pandemic.