In complaints about medical debt and consumer reporting issues, consumers often expressed surprise and frustration about finding out about old or small medical debts. (Photo: Shutterstock)
Medical debt on a consumer's credit report can result in reduced access to credit, increased risk of bankruptcy, avoidance of medical care and difficulty securing employment — even if the bill itself is inaccurate or erroneous. Not surprisingly, medical debt is one of the leading categories of complaints to the Consumer Financial Protection Bureau.
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