{"id":158323,"date":"2022-04-24T21:57:18","date_gmt":"2022-04-24T21:57:18","guid":{"rendered":"https:\/\/omni48.com\/news\/32314347"},"modified":"2022-04-24T21:57:18","modified_gmt":"2022-04-24T21:57:18","slug":"32314347","status":"publish","type":"post","link":"https:\/\/omni48.com\/news\/32314347","title":{"rendered":"Big Change to What Is Shown on Credit Reports"},"content":{"rendered":"<p>going over medical bill with doctorPhoto by Mikhail Nilov (Creative Commons)If you or someone you know has medical debt, here is some major news about credit reporting that could affect your credit score in the very near future. The three major credit reporting agencies recently announced that they will strip 70% of medical debt information out of consumers&#8217; credit reports, starting July 2022.The three bureaus &#8212; Equifax, TransUnion and Experian &#8212; say that medical collection debt will no longer appear on credit reports if that debt has already been paid. According to the Kaiser Family Foundation, two-thirds of medical debts are the result of a one-time or short-term medical expense arising from an acute medical need.So, How Do Credit Scores Work?According to Experian, your payment history is the most important ingredient in credit scoring, and even one missed payment can have a negative impact on your score. The second most important part of your credit score is the amounts owed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>going over medical bill with doctorPhoto by Mikhail Nilov (Creative Commons) If you or someone you know has medical debt, here is some major news about credit reporting that could<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-158323","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/158323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=158323"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/158323\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=158323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=158323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=158323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}