FICO credit score provider to put less emphasis on medical debt

If the only unpaid debt on a credit

If the only unpaid debt on a credit report is medical debt, officials say the FICO score could jump as much as 25 points. (August 8, 2014 6:16 PM)

Officials say changes are on the way to keep medical bills from weighing down credit scores.

FICO, the top credit score provider in the United States, is making changes to put less emphasis on medical debt. If the only unpaid debt on a credit report is medical debt, officials say the FICO score could jump as much as 25 points.

FICO will also start ignoring debts in collections that have...

Content Preview This content is exclusive for Optimum, Time Warner®, Comcast®, customers with access to News 12.

Already registered or an Optimum customer?
Log in
Time Warner®, Comcast® or Service ElectricSM customer?
Create an account
Not a customer?
Subscribe

Comments

advertisement | advertise on News 12

Vote

Do you have any large medical related debts?

Yes No

advertisement | advertise on News 12