The share of American consumers with medical debt on their credit reports has declined dramatically over the past year as major credit rating agencies removed small unpaid bills and debts that were less than a year old, according ...
Nov 6, 2023
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Like other countries, the UK implemented a number of initiatives to mitigate the effects of the COVID-19 pandemic on people's economic circumstances. While we know these schemes supported household finances, now we're beginning ...
May 23, 2023
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Soon after giving birth to a daughter two months premature, Terri Logan received a bill from the hospital. She recoiled from the string of numbers separated by commas.
Aug 18, 2022
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Joshua Bates knew something was seriously wrong. He had a high fever, could barely move and felt a sharp pain in his stomach every time he coughed.
Jan 30, 2020
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Low-income Michigan residents who enrolled in a new state health insurance plan didn't just get coverage for their health needs—many also got a boost in their financial health, according to a new study. People who gained ...
Sep 17, 2018
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For many consumers, an unexpected health care calamity can quickly burgeon into a financial calamity. Just over half of all the debt that appears on credit reports is related to medical expenses, and consumers may find that ...
Jul 14, 2017
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Burdensomely high medical costs are often blamed for pushing many Americans into bankruptcy. According to the Consumer Financial Protection Bureau some 43 million Americans have unpaid medical debt on their credit reports.
Jan 28, 2015
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Nearly 20 percent of U.S. consumers—42.9 million people—have unpaid medical debts, according to a new report by the Consumer Financial Protection Bureau.
Dec 11, 2014
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A credit score doesn't just reduce a person's entire financial history down to a single number and somehow predict their credit-worthiness. It might also be saying something about a person's health status, too, according ...
Nov 17, 2014
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Is there a psychological reason why people default on their mortgages? A new study, which will be published in an upcoming issue of Psychological Science, a journal of the Association for Psychological Science, finds that ...
Nov 30, 2011
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