[debtnirvana]

Hi Ann Michele, thank you for your question. When it comes to considering veteran’s medical debt in credit decisions, you’re correct that you’re not required to include it. If you encounter medical collections on a credit report, the appropriate course of action would be to ask the applicant if they are a veteran. However, verifying veteran status can be done through various means, including asking for documentation such as a DD Form 214 or a Veteran Health Identification Card. While credit bureaus do have databases to verify veteran status, banks typically don’t have direct access to this information. It’s essential to ensure compliance with FCRA/FACT Act guidelines while handling such inquiries. Hope this helps clarify!

• This reply was modified 8 months, 2 weeks ago by debtnirvana.

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