Government Information

Earl Gregg Swem Library

Consumer Credit Reports: A Study of Medical and Non-Medical Collections

Categories: Consumer Info/Protection,Financial Crisis/Markets,Health/Medical

http://files.consumerfinance.gov/f/201412_cfpb_reports_consumer-credit-medical-and-non-medical-collections.pdf

Reports that roughly half of all items on credit reports involve debt collectors seeking to collect on medical bills owed to hospitals and other medical providers.  This paper describes characteristics of medical and nonmedical debts on consumers’ credit reports and the processes by which they appear and disappear.  From the Consumer Financial Protection Bureau