medical debt – Black Enterprise

Finance News

Vice President Kamala Harris Announces Plans To Remove Medical Debt From Credit Scores

Mary SpillerSeptember 23, 2023September 25, 2023

by Mary SpillerSeptember 23, 2023September 25, 20237750

Harris listed drastic improvements that would come with the removal. Among them: it would make it easier for people who previously couldn't obtain home mortgages...

Finance News

State Governments Use COVID-19 Relief Funds to Assist Residents’ Growing Medical Debt

Sharelle BurtFebruary 16, 2023February 16, 2023

by Sharelle BurtFebruary 16, 2023February 16, 2023311

As Americans move deeper in the medical debt hole, state representatives plan to use COVID relief funds to assist....

Health and Wellness Lifestyle Money News

Black Americans Among Many Who Could Gain Relief As Medical Debt Discharged From Credit Reports

Jeffrey McKinneyJuly 13, 2022July 13, 2022

by Jeffrey McKinneyJuly 13, 2022July 13, 20222724

When is the last time you checked your credit report? Medical debts are expected to fall off this summer for some....

Business Entrepreneurship Lifestyle Money

Survey: Black Business Owners Among Those with Average Medical Bills of $18,000

Jeffrey McKinneyApril 11, 2022April 11, 2022

by Jeffrey McKinneyApril 11, 2022April 11, 2022689

Rising healthcare costs are hitting Black business owners harder than other businesses....

Lifestyle News

Uninsured Could Face Up To $75,000 In Medical Bills Due To Coronavirus

Derek MajorApril 3, 2020April 3, 2020

by Derek MajorApril 3, 2020April 3, 20201702

Lawmakers in the U.S. have made it free to receive a coronavirus test, but treatment could cost Americans thousands of dollars, even if they have...

Education Money News

New York To Freeze Student and Medical Debt Payments

Derek MajorMarch 20, 2020March 20, 2020

by Derek MajorMarch 20, 2020March 20, 20201276

Gov. Andrew Cuomo and New York Attorney General Letitia James have announced the state will not collect on medical or student debt for at least...

Money

CFPB Announces New Rules for Medical Debt Collection and Reporting

Sheiresa NgoDecember 11, 2014September 28, 2017

by Sheiresa NgoDecember 11, 2014September 28, 2017446

If you have an outstanding medical debt on your credit report, then you understand the stress that often comes along with it....

Money

Consumers Over-Penalized for Medical Debt in Collections

Sheiresa NgoMay 21, 2014May 21, 2014

by Sheiresa NgoMay 21, 2014May 21, 2014280

If you have medical debt in collections, you might be facing harsher penalties. The Consumer Financial Protection Bureau reports that many consumers’ credit scores are...