Consumers don’t have to look far to find advice on how to get out of debt and how to improve your credit score. What you read at creditscore.net is not the only credible source on the web, and we applaud those who give a deeper understanding to consumers who are working toward a better financial future.
The Columbus Dispatch has launched a compelling investigative series, Credit Scars, that highlights the millions of Americans who are fighting in the nation’s battle with credit and debt.
Medical debt is a hot button issue, with politicians arguing that medical debt should be omitted from credit reports. The American Medical Journal reported that as of 2009, more than 60% of the bankruptcies in the United States were caused by medical bills. Once a medical bill is sent to a third-party collection agency, that bill can stay on your credit report for up to seven years.
Read the latest story in the series “Incurable Financial Wounds Plague Many,” to learn more about how medical debt is crippling Americans.