Medical debt could be barred from ruining your credit score soon - eviltoast

The Biden administration announced a major initiative to protect Americans from medical debt on Thursday, outlining plans to develop federal rules barring unpaid medical bills from affecting patients’ credit scores.

  • outrageousmatter@lemmy.world
    link
    fedilink
    arrow-up
    9
    arrow-down
    1
    ·
    edit-2
    1 year ago

    For-profit health care system should honestly just eliminated even if it takes millions of job away, it should have never existed. Then fixing a problem with the credit system, where paying off all your credit drop your credit scores. It should increase for that as it tells the bank “Look this person paid it off, and is stable.” Instead of “Paid it off, shame on you, we didn’t make any money from it.”