Sentences with phrase «though medical debt»

So even though medical debt shouldn't have as strong an impact on someone's credit score now, in many cases nothing may have changed.

Not exact matches

Even though the Massachusetts filers owed substantially more in unsecured debt (that is, debt not backed by a home, a car, or another asset) than their counterparts in other states, they reported less than half as much medical debt, which is also unsecured.

Though credit agencies have made recent changes to the way they factor medical debt into a credit score, more than half of all the debt that appears on credit reports in the United States stems from medical expenses.

Though, as said before, the main purpose of these loans is to help those who need to reduce their debt in order to avoid further worsening of their current financial situation, they are also used for attending to urgent needs that can not be postponed specially when related to certain accidents or illnesses that imply high medical bills that otherwise couldn't be covered.

In the end, my Dartmouth medical school classmates now joke that I am the first person in the class to be able to retire — even though I didn't get my MD and left school saddled in hundreds of thousands of dollars in student loan debt.

People aren't required to declare why they're filing bankruptcy, though we know many do so because of medical debt.

Mistakes do happen, though, and sometimes medical debt gets wrongly reported.

Even though medical bills may be the main reason someone files for bankruptcy relief, he or she must still include all debts in the bankruptcy and file either a Chapter 7 or a Chapter 13 case.

Though seniors have, on average, nearly 2 1/2 times as much credit card debt as the average young millennial, our survey found that the oldest age group has the highest amount of respondents who claim to have no medical debt — 84 percent of those polled, to be exact.