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tobee43 started a blog post Congress considers a bill that could help your credit report
10-04-2010, 05:09 AM
Congress considers a bill that could help your credit report

Originally posted by tobee43 View Post

Lynnette Khalfani-Cox
Oct 1st 2010

Filed under: Credit, Debt, Credit Reports, Insurance - Health Insurance

Congress is weighing a new bill that would keep medical debt from wreaking havoc on millions of consumers' credit ratings.

On Wednesday, the U.S. House of Representatives passed, by a vote of 336 to 82, the Medical Debt Relief Act, also known as H.R. 3421.

The bill, originally introduced last year in the House Financial Services Committee, would make it illegal to include medical debts on a consumer's credit reports, if those debts were paid or settled more than 45 days before the credit report is issued.

Read more: http://www.walletpop.com/blog/blogge...#ixzz11OXvtkW3
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