![]() |
|
February 17, 2025 |
Medical debt expunged from credit reports ![]() SACRAMENTO – (INT) – It is now illegal for most forms of medical debt to appear on credit reports.
Legislation under SB 1061went into effect on January 1st protecting consumers from having their credit ruined by medical debt appearing on credit reports. California Attorney General Rob Bonta said medical debt is often unforeseen and not a reliable indicator of financial risk, yet it can unfairly prevent consumers from getting loans, renting an apartment, or getting a job. Story Date: February 9, 2025
|