Removing medical debt from credit reports opens door to economic opportunity: 'It gives me hope'
The change is expected to boost millions of people's credit scores and helping them qualify for home mortgages. It's unclear whether President Donald Trump will reverse the federal rule announced Jan.
The effect of removing medical debt from millions of Americans’ credit scores
More than 100 million Americans are burdened with medical bills they can’t pay. In the final weeks of the Biden administration, the Consumer Financial Protection Bureau issued new rules banning credit agencies from including medical debt on credit reports,
About 11% of New Jersey residents had medical debt as of 2022, according to the latest figures from the research nonprofit ...
Over 100 million Americans are saddled with medical debt, but a few initiatives are addressing — or even eliminating — it.
Phil Murphy's administration approved paying $270,000 in federal funds to wipe out $26 million in medical debt accrued mostly ...
A few weeks ago, the outgoing Biden administration announced the Consumer Financial Protection Bureau rule. The move banned unpaid medical bills from appearing on credit reports, which can bar people ...
Improving rural access to health care is one avenue to reduce medical debt and promote equitable health outcomes for all.
Everything is negotiable, as the saying goes—and that includes medical bills. Although many people assume their health care ...
A bipartisan group of lawmakers in the state House reintroduced legislation to create the Pennsylvania Medical Debt Relief ...
Before paying medical bills, follow these essential steps, like requesting an itemized bill to save on hidden costs.
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