Columbia in top 10 to benefit after changes to medical debt reporting

Photo credit: Mary Green
Photo credit: Mary Green(Mary Green)
Published: Jul. 6, 2022 at 10:41 AM EDT
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COLUMBIA, S.C. (WIS) - The residents of Columbia are among the biggest beneficiaries after a change in how medical debt is reported.

On July 1, 2022 changes went into effect with the major credit bureaus of Equifax, Experian and TransUnion.

  • All medical debt in collections that was paid off will be removed from credit report history
  • New unpaid medical debts will not appear on reports for a year to give time to pay off without hurting credit scores
  • Starting in 2023 medical debts smaller than $500 will not appear on credit reports.

A study by Wallethub said Columbia is the 7th greatest beneficiary in the changes nationwide. In total, it is expected up to 70% of all medical collection debt will be removed from credit reports. Researchers compared 182 cities using TransUnion data.


Researchers reported up to 19% of people in the city have some type of medical debt in collections. Columbia residents are reported to have 14% of people with less than $500 in medical collections that started below $500.

The researchers also found 16% of Columbia residents have at least one paid off medical debt and 1% of the city has medical debt less than a year old.

Source: WalletHub

Previous investigation found up to $390 million has been garnished from South Carolinian pay checks and tax refunds from unpaid medical bills.

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