Connect with us

Hi, what are you looking for?

Financial News

Biden administration to erase medical debt records from credit reports, affecting millions of Americans

The Biden administration on Thursday announced plans to remove medical bills from Americans’ credit reports in a push to end what it called coercive debt collection tactics that affect millions of consumers.

Vice President Kamala Harris told reporters that more than 100 million Americans had unpaid medical debt.

‘Many of the debts people have accrued are due to medical emergencies,’ she said. ‘We know credit scores determine whether a person can have economic health and wellbeing, much less the ability to grow their wealth.’

You May Also Like

Financial News

McCarthy’s Speakership Hangs in the Balance as House Greenlights Stopgap Funding Bill: A Defining Moment Looms In a stunning turn of events, the future...

Financial News

Conservatives Call for GOP Candidates to Step Aside After Second Debate: A Call to Streamline the Republican Race In a surprising turn of events,...

Financial News

Poll Unveils GOP Primary Voters’ Resounding Verdict on Best Republican Debate Performance In the midst of a heated Republican primary race, the GOP primary...

Financial News

Jeffries’ Strategic Maneuver: Outsmarting McCarthy to Avert Shutdown Crisis