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CFPB research has indicated that medical debt on credit reports is “a poor predictor” of whether a person will repay a loan, ...
A Trump-appointed federal judge has blocked a key rule that would have removed medical debt from the credit reports of 15 ...
A federal judge has overturned a Biden-era rule that kept $49B in medical debt off of millions of people's credit scores, potentially harming their ability to obtain credit and buy a home.
A final rule from the Consumer Financial Protection Bureau will be a “game changer,” particularly for Black Americans, who have 2.6 times higher odds of medical debt than white Americans and ...
As Michigan remains without a budget deal for the upcoming fiscal year, Michigan Gov. Gretchen Whitmer, Lt. Gov. Garlin ...
Medical debt is the largest source of debt in collections and impacts 100 million Americans. It comprises a larger proportion of debt than credit cards, utilities, and auto loans.
Health care debt, a rising issue affecting over 100 million Americans in 2022, disproportionately burdens Black communities due to deeply embedded wealth disparities, a recent investigation by ...
A Trump-appointed federal judge has blocked a key rule that would have removed medical debt from the credit reports of roughly 15 million Americans, dealing a harsh blow to struggling families already ...
Americans in the South hold an average of $532 in medical debt, according to a recent study. Nearly 28% of households with a Black member had medical debt compared to 17.2% of White households.
Race plays a major role in who is burdened with medical debt, with 27.9 percent of Black households carrying medical debt compared to 17.2 percent of white non-Hispanic households, ...
The NCLC reports that “sixty-two percent of bankruptcies are related to medical debt, one in three Black adults have past due medical bills, compared to fewer than one in four White adults, and ...
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