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Just before the pandemic, the New York Fed found that about 9% of people had bills that ended up in collections. Now, less than 5% do.
A new policy could soften medical debt’s impact on consumers’ credit reports and credit scores.
Some states are stepping up their plans to regulate the debt collection industry. Consumer advocates say the moves come at a time when Federal protections are weakening.
A quick guide to surprise medical bills, and what to do next.
More hospitals across the country are selling debt from unpaid medical bills to collection agencies.
"It feels like being on a treadmill behind which there is a bed of spikes."
Companies could face fines of up to $1500 per faulty call.
More than 50 percent of all bankruptcies are linked to medical debt.
Trying to fix an error on your credit report? Here's some good news!
About 43 million Americans have overdue medical debt on their credit reports.
