The Consumer Financial Protection Bureau wants to eliminate all medical debt from credit reports. Will President-elect Trump ...

According to Equifax, the change eliminated nearly 70% of medical collection debt from credit reports. Outstanding balances over $500, however, can still appear on your credit report for seven ...

If reported as regular credit accounts, medical bills would show up as newly established accounts ... and debt collectors ...

Attorney General Andrea Campbell wants Massachusetts to prohibit health care providers from reporting medical debt to credit ...

In part because of those constraints, around 100 million Americans owe a total of $220 billion in medical debt - $2,200 per debtor. If you hold that debt, it goes on your credit report ...

In all, Americans may owe more than $220 billion in medical debt, according to a Peterson-KFF report based on federal data, and an estimated 15 million people have black marks on their credit ...

With its new law, California joins a dozen other states that have restricted the use of medical debt in credit decisions.

2. Declining credit score issues If medical debt is not taken care of in a timely fashion, the medical provider or hospital can turn it over to a collection agency who can then report it to the ...

A recent advisory opinion by the Consumer Financial Protection Bureau concerning the collection of past-due healthcare bills ...

Ben is a credit cards and luxury travel writer, an immigrant with three citizenships and a husband. He speaks English, Spanish and Italian, has a background in linguistics and languages, and ...

If reported as regular credit accounts, medical bills would show up as newly established accounts ... and debt collectors ...