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.…

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…

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

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…

Consumer Financial Protection Bureau Director Rohit ChopraBloomberg News The Consumer Financial Protection Bureau plans to issue a final rule on Tuesday that would remove roughly $49 billion…

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…