12/11/14 – Here’s how medical debt hurts your credit report (CFPB)

Dec 11, 2014 Comments Off by

Since September 2013, debt collection has been the top complaint at the CFPB. Among all debt types, medical debt tops the list. When a debt is past due, a collector may report the account to a credit agency. This would appear as an account in collection, often resulting in a credit score drop.

Read the full article at Consumer Finances Protection Bureau.

Financial Landing 2014

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