Medical debt refers to the money owed to healthcare providers for medical services received. Credit, on the other hand, refers to the ability of an individual to borrow money based on their creditworthiness.
When medical debt goes unpaid, it can negatively affect an individual’s credit score. This is because medical debt is often reported to credit bureaus, which collect and maintain information about an individual’s credit history. Unpaid medical debt can lower a credit score, which can make it more difficult to obtain loans, credit cards, and other forms of credit in the future.