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The R Pro Academy Blog

Change to Medical Debt Lowering Credit Scores - Could this help your clients qualify?

credit score debt mortgage Jan 12, 2023
Medical professionals with blog title written and R Pro Academy logo

Credit Score Update:  

If you have clients that are working on raising their credit score, you will want to continue reading.  

I received the above email from Capital One notifying me that at least one credit reporting model is removing medical debt from their calculation.  

This could change the financial profile for many of your clients that have applied for a mortgage.  If medical debt was holding them back from getting a mortgage, this may help their eligibility. 

If you would like to learn more, you can read the full article from Moneywise here: 

Money Wise Article



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