Browsing: Medical

Medical Debt Soon Will Be Banned on Credit Reports Americans won’t have to worry about unpaid medical bills damaging their credit reports and scores much longer.…

A trade group representing debt collectors has filed a lawsuit challenging the Consumer Financial Protection Bureau’s final rule banning medical debt from credit reports, the second…

Two trade groups have sued the Consumer Financial Protection Bureau for issuing a rule to remove medical debts from credit reports, claiming the bureau ignored the…

The Consumer Financial Protection Bureau (CFPB) has finalized a rule that will remove medical debts from consumer credit reports.In doing so, Americans’ credit scores should rise…

sturti | E+ | Getty ImagesThe Consumer Financial Protection Bureau on Tuesday announced it has finalized a rule to remove about $49 billion in medical debt…

Getty Images If you have a health savings account but not enough money to cover your medical expenses, you are not necessarily doomed to insurmountable debt…

If you’re struggling with unpaid medical bills, you’re not alone. Americans owe an estimated $220 billion in medical debt, according to a 2024 analysis by the…

A recent column discussed Health Savings Accounts (HSAs). There are several requirements for a federal employee or retiree to contribute to an HSA, the most important…

Ownership of an HSA can help federal employees and retirees pay increasing medical expenses (and provide tax benefits). Ed Zurndorfer discusses HSA eligibility rules and the…

Did you know that medical debt is one of the reasons why a lot of Americans are having troubles with their credit scores? We all know…