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

Economy

EURUSD and GBPUSD: Breaking News – EURUSD Struggles to Surpass 1.06000 Mark In the fast-paced world of foreign exchange markets, the EURUSD and GBPUSD...

Trading Secrets

ChartPacks: Unlocking the Full Potential of Your StockCharts Account Made Effortless! In the fast-paced world of stock trading, having access to accurate and timely...

Financial News

House Speaker Kevin McCarthy, R-Calif., said the chamber would vote on a short-term spending bill soon after holding a key vote to proceed with...

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...