Some medical debt wiped from credit reports: Will it help you?

That surprise trip to immediate care that ended up costing a few hundred dollars will no longer haunt your credit score. The three major credit bureaus announced in April that they’re removing low-balance medical debt — specifically, debt under $500 — from credit reports. The move will affect some 70% of all medical debts sent from collection agencies to the credit bureaus. While it’s a definite win for consumers, advocates are pushing for even bigger changes.