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A federal judge has overturned a Biden-era rule that kept $49B in medical debt off of millions of people's credit scores, potentially harming their ability to obtain credit and buy a home.
By Stacy M. Brown Black Press USA Senior National Correspondent A Trump-appointed federal judge has blocked a key rule that would have removed medical debt from the credit reports of roughly 15 ...
The NCLC reports that “sixty-two percent of bankruptcies are related to medical debt, one in three Black adults have past due medical bills, compared to fewer than one in four White adults, and ...
Health care debt, a rising issue affecting over 100 million Americans in 2022, disproportionately burdens Black communities due to deeply embedded wealth disparities, a recent investigation by ...
The study, which used Census data to gauge levels of medical debt, noted that racial inequities in the labor market has had a significant impact on the health of Black Americans, especially since ...
CFPB research has indicated that medical debt on credit reports is “a poor predictor” of whether a person will repay a loan, ...
“This legacy of segregation and structural racism underlies the racial health gap,” she said. “It impacts health outcomes and access. And it impacts the level of medical debt.” In ‘The Bottom’ The ...
Americans in the South hold an average of $532 in medical debt, according to a recent study. Nearly 28% of households with a Black member had medical debt compared to 17.2% of White households.
Medical debt is the largest source of debt in collections and impacts 100 million Americans. It comprises a larger proportion of debt than credit cards, utilities, and auto loans.
"African Americans don't seek health care until we are really, really sick, ... Tabace Burns has seen the impact of all this medical debt and poor health too many times to count.
"African Americans don't seek health care until we are really, really sick, and then it costs more," said Tabace Burns, ... And it impacts the level of medical debt." In 'The Bottom' ...
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