MEDICAL DEBT STILL HURTS CREDIT SCORES

What is a consumer debt? Consumer debts are for things needed for personal, family of household purposes. Health care is a consumer debt. As the price of health care increases, the amount of people unable to afford their medical bills has gone up. A federal court blocked a rule that was designed to protect people with medical debt by keeping it off credit reports and out of credit decisions. This means that credit reporting agencies and lenders are free to use unpaid medical bills when determining credit worthiness.