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Ohio lawmakers propose bill to protect patients from medical debt collections and wage garnishment
The bill would prohibit medical debt from appearing on credit reports, ban wage garnishment and cap interest at 3%, down from ...
After recent policy changes removing most medical debts from credit reports, Americans are seeing their credit scores increase, but experts warn of the need to monitor billing and collection practices ...
After a cancer diagnosis, the mean medical debt in collections increased by 123.2%. Patients with cancer may have medical debt in collections that persists for years after their diagnosis, despite ...
Earlier this week, the Consumer Financial Protection Bureau (CFPB or Bureau) released its second report detailing changes in the credit reporting of medical debts made by the three national consumer ...
This week the Consumer Financial Protection Bureau announced that it will begin a process that could result in removing medical debt from credit reports. This will affect consumer finances in ...
Though complaints are down in general, consumers who are grumbling are more and more likely to grumble about the way their medical debts are collected, reports Mnetnews.com. The Consumer Financial ...
One of the two major credit score providers is set to wipe medical debts from its most recent scoring models to help those most financially vulnerable improve their credit scores. VantageScore expects ...
In a landmark move, New York has passed legislation prohibiting the inclusion of medical debt on consumer reports. New York’s newly minted Fair Medical Debt Reporting Act provides a bulwark for ...
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