11d • 🗣️ General Discussion
The $500 Medical Loophole 🏥
The credit system isn’t a flawless machine. It’s a massive database that often fails to update when laws change. If you have small medical bills dragging you down, you might be sitting on an easy win.
The Reality Check:
🛑 The New Rule: Since 2023, the three major bureaus (Equifax, Experian, and TransUnion) are no longer allowed to report medical collections under $500.
📉 The Error: If a $200 co-pay from three years ago is still showing, it is a violation of current policy.
🛠️ The Fix: These are the easiest items to dispute because the bureaus have already agreed to remove them.
✅ The Fact: Your report doesn't always "self-correct." If the bureaus missed a small medical bill, you have to force the update.
Comment MEDICAL if this might apply to you!
0
0 comments
The $500 Medical Loophole 🏥
skool.com/lbd
Credit clarity through a 🔥FREE Done-For-You Credit Repair🔥.
Smarter strategy. Fewer mistakes. Life By Design starts here. ✨
Powered by