Credit Bureaus Limit Information on Consumer Reports

The three major Credit Reporting Agencies (CRA’s) Equifax, Experian and Trans Union have announced they will significantly limit or reduce the information placed on a consumer credit report starting July, 2017.  As part of the National Consumer Assistance Plan (NACP), the CRA’s will no longer report debts that did not originate with a consumer contract or agreement to pay.  This means debts like fines, tickets, tax liens and many judgments will be removed from credit reports for millions of consumers.

The NACP also requires at least 180 days from the date of delinquency before a medical debt can be placed on a consumer’s credit report.  Beginning next July, all medical debts (including dental debts) will not be placed on credit bureaus until the account is more than 180 days from the date of charge-off or delinquency according to the primary creditor.  That can be an additional 30 – 90 days, depending on the organization’s policies.

Other aspects of the NACP include higher reporting standards for data furnishers (such as Southern and other collection agencies), limits to direct marketers, and added protections for consumers who dispute credit reporting information.  The NACP is the result of a settlement between 31 states and the CRA’s.


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