Medical debt will soon be wiped from your credit score [Video]

PHOENIX (AZFamily) — When you apply for a mortgage, car, or small business loan, medical debt should no longer stand in your way.

A new federal ruling bans medical debt from lowering a person’s credit score and wipes out billions of dollars of unpaid medical bills for millions of Americans.

This comes after the federal government found that medical debt does not predict a borrower’s ability to repay other debts. Healthcare invoices often have inaccurate, inflated, or extra charges, so experts say you should always ask for an itemized receipt.

Life is good these days for Arizona resident Matt Miller. The husband and father became a first-time homeowner two years ago, at age 41. But it wasn’t easy to get here.

Medical debt wrecked his credit score, so much so that for most of his life, getting a car loan or mortgage was just about impossible.

“In my name, right. So, I’ve always had to have …