Be more financially responsible! You need to stop trying to get sick!
✅ .[Verywell News January 8, 2025]. "Outstanding medical debt can no longer impact Americans’ credit scores,
according to a rule finalized Tuesday by the Consumer Financial
Protection Bureau (CFPB). The government watchdog says medical debt can no longer be factored into your credit score."
"Unpaid medical bills may take a long time to show up on your credit report, but the damage to your credit score can be long-lasting once they do. Unpaid medical collection accounts over $500 can remain on your credit report for seven years after they become delinquent."
Medical bills are often the result of unavoidable medical complications or contain errors. The CFPB said past-due medical bills are often inflated, reflect multiple charges for the same service, or charge for services a person never received. The change will affect about 15 million Americans.
😎 Yet another example of the injustice and discrimination that risk-based lending has been imposing on many fine SECU members. When does our Board accept the growing diagnosis that risk-based lending is "member-malpractice" at SECU?
Kinda makes you sick, doesn't it.....
