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The Consumer Financial Protection Bureau (CFPB) is on a mission to protect consumers from illegal medical debt collection practices. It issued advisories in October identifying illegal practices and offering advice to consumers to ensure they don’t pay a ...
Ilaria Tripp amassed $8,000 in credit-card bills and a personal loan just over $6,000 before finally feeling pinned by her debt. So the 28-year-old confined her expenses to the bare minimum and applied the rest of her money to paying down the debt.
The Biden-Harris administration's approach to medical debt reduction is well-intentioned but counterproductive. There are better ways to reform the system and maintain patients' dignity, writes Mark Detrick, of Capio. Getting sick today all too often means ...