CFPB: $88 billion Medical debt burden 43 million consumers New law takes effect to end “surprise” medical bill

     As of June 2021, according to CFPB, the $88 billion medical debt documented on consumer credit reports is likely an undercount, and in actuality could be closer to $141billion. Even so, it stands as the most common collection item appearing on credit reports, affecting 43 million people and comprising 58 percent of accounts in arrears.  […]