Starting this fall, medical debt will impact your credit score l - FOX 8 WVUE New Orleans News, Weather, Sports

Starting this fall, medical debt will impact your credit score less

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This fall, FICO, the nation's top credit score provider, will make changes that put less of an emphasis on medical debt. (Source: CNN) This fall, FICO, the nation's top credit score provider, will make changes that put less of an emphasis on medical debt. (Source: CNN)

(CNN) - If your medical bills are weighing down your credit score, you're in for a pleasant surprise.

This fall, FICO, the nation's top credit score provider, will make changes that put less of an emphasis on medical debt.

If the only unpaid debt on your credit report is medical debt, your FICO score could go up by about 25 points. If you have other kinds of debt, you might not see as big of an increase if any at all.

FICO will also start ignoring debts in collections that have been paid off or settled.

Currently, even paid off debts that went to collections are factored into credit scores for up to seven years.

Copyright 2014 CNN. All rights reserved.

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