medical bills

How Does Medical Debt Affect Your Credit Score?

Illness
Medical debt can tank your credit score
Image Source: Flickr User Claus Rebler

 

Medical debt is unique among other types of debt because of the complications of the insurance intermediary. This is also debt you generally don’t get into voluntarily unlike a mortgage, car loan, or credit card bill. Medical debt is a plague on the uninsured ...

Changes to FICO Credit Score Calculation Can Benefit Those Dealing with Medical Debt

FICO score changes medical debt impact Image Source: Flickr User Jay Gorman FICO score changes may impact the effect of your medical debt on your credit
Image Source: Flickr CC User Jay Gorman

The purpose of a credit score is to help potential creditors and lenders assess whether you’re a good risk for a loan, credit card ...

4 Ways to Keep Your Prescription Medication Costs from Causing Financial Disaster

Wilson, North Carolina drug store

We've written here before that more than half of bankruptcies and serious financial circumstances are caused by medical costs and chief among these is unmanageable prescription medication costs. Even with the onset of the Affordable Care Act, prescription drug costs are high and rising. This ...

Are You a Veteran Hit by the VA Crisis Plus Money Problems? See How Chapter 7 Helps

Disabled veteran

You've likely heard about the Veteran's Administration scandal and about all the veterans that have had medical care delayed, denied and other horrible issues that are costing former service members their health and, in some cases, their lives. The good news is that prior to ...

4 Ways to Keep Your Prescription Medication Costs from Causing Financial Disaster

Wilson, North Carolina drug store



Image source: Flickr Creative Commons user Kathy Sunderman



We've written here before that more than half of bankruptcies and serious financial circumstances are caused by medical costs and chief among these is unmanageable prescription medication costs. Even with the onset of the Affordable Care Act ...

Are You a Veteran Hit by the VA Crisis Plus Money Problems? See How Chapter 7 Helps

Disabled veteran

Image source: US Army via Flickr Creative Commons

You've likely heard about the Veteran's Administration scandal and about all the veterans that have had medical care delayed, denied and other horrible issues that are costing former service members their health and, in some cases, their ...