California AG Rob Bonta, Senator Limón Unveil Legislation to Protect Consumers Against Medical Debt
Senate Bill 1061 seeks to protect consumers from having their credit ruined by prohibiting medical debt from being reported on credit reports.
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Senate Bill 1061 seeks to protect consumers from having their credit ruined by prohibiting medical debt from being reported on credit reports.
Appearing in NPR on March 1, 2024, Noam Levy interviews Chi Chi Wu on the CFPB’s efforts to penalize medical debt collectors, issue stern warnings to health care providers and lenders that target patients, and publish reams of reports on how the health care system is undermining the financial security of Americans. “The fact that…
Read More about NPR: Why a financial regulator is going after health care debt
Appearing in American Banker on Jan. 23, 2024, a letter to the editor by NCLC Senior Attorney Chi Chi Wu takes on claims the Consumer Financial Protection Bureau (CFPB) is overstepping its authority by banning medical debt from credit reports. “Banning medical debts from credit reports will allow consumers to access credit more affordably, qualify…
A November 2023 CFPB report on the Fair Debt Collection Practices Act (FDCPA) highlights the untapped potential of FDCPA claims where debt collectors collect on medical debt not owed or owed in a lesser amount. The report describes how tens of millions of Americans face medical debt collection—somewhere between 17% and 35% of all adults have…
Read More about Digital Library: Widespread FDCPA Violations in Collection of Medical Debt
Nearly one in five Americans has medical debt. Black households are disproportionately affected, carrying higher amounts of debt at higher rates. Join host Joel Bervell on the newest episode of The Dose podcast, where he talks to Berneta Haynes, senior attorney with the National Consumer Law Center, about the history of medical debt and efforts to ease…
Read More about The Dose: How Medical Debt Makes People Sicker — and What We Can Do About It
Appearing in The New York Times on September 29, 2023, Ann Carrns talks to Chi Chi Wu about how people struggling with unpaid medical bills may soon have that debt erased from their credit reports. If you lack health insurance, check to see if you qualify for coverage under Medicaid, the federal-state health program for…
Read More about The New York Times: Consumer Agency Moves to Ban Medical Debt From Credit Reports