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Does Debt Relief Hurt Your Credit?

Credit Corp

Debt relief won’t hurt your credit alone. Debt relief and debt settlement options don’t hurt your credit score on their own. These programs aim to help reduce your debt and if that debt is revolving credit, it can reduce your credit utilization and improve your credit.

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New rule would eliminate medical debt from credit reports

Collection Industry News

If you still haven’t paid the bill after several months, the debt may be sold to a medical collections agency, which will try to collect on it. How long does medical debt stay on your credit? Medical debt is not reported to credit bureaus as long as it remains with your healthcare provider.