Tag: medical debt
Medical debt can be problematic, particularly when something you thought was covered by insurance is actually an out-of-pocket expense that goes to collections before you even know the bill is due. We have gathered up the latest news about medical debts and their impact on your bottom line so you can avoid debt collections that drive down your credit score and bills that just don’t fit in your budget. Get ahead of medical debt so you can maintain stability.
Mar 27, 2017 | April Lewis-Parks
The big 3 credit bureaus in the U.S. plan to adjust reporting information on July 1. Here’s how these new credit report changes could boost your score.
Aug 17, 2016 | Meghan Alard
More and more states are restricting employer credit checks as an unfair practice for job candidates hit by the Great Recession. Check out our map.
Apr 30, 2015 | April Lewis-Parks
The Minnesota Senate passed a medical debt bill, which gives residents the right to go to court and halt collection proceedings on their medical debt.
Consumer Rights, Debt Collection
Apr 03, 2015 | Meghan Alard
A new study finds healthcare costs and concerns over medical expenses are more of a risk to a comfortable retirement than a lack of assets or investments.
Mar 11, 2015 | Michael Koretzky
Consolidated Credit helps you understand how new credit report regulations make it easier to fix your credit, especially when it comes to medical debt.
Credit Score, For Latinos
Dec 02, 2014 | Meghan Alard
Survey finds Americans struggle with medical debt collections more than any other debt source. Here’s why more people struggle with medical debt.
Debt Advice, Debt Collection
Oct 08, 2014 | Meghan Alard
The Association of Credit Counseling Professionals (ACCPros) offers three tips to people who are facing credit problems due to unpaid medical bills.
Sep 05, 2014 | Michael Koretzky
Hospitals want their patients to pay their bills so they’re teaming up with banks to offer interest free loans for people who can’t afford treatment.
Debt Relief, Insurance
Jun 21, 2011 | April Lewis-Parks
The Medical Debt Responsibility Act of 2011 allows medical debt to be removed from credit reports. Many Americans have their credit score negatively impacted because of medical bills.
Consumer Rights, Credit Score, Financial Wellness