Sawin & Shea
NOVEMBER 1, 2023
Rising healthcare costs are continually leaving thousands of Americans drowning in medical debt. In fact, medical debt is one of the most common types of debt reported on consumer credit reports. Medical debts are also considered a necessity, which means they are protected under the “necessity” doctrine.
Debt Guru
JANUARY 27, 2021
A debt management plan (DMP) is an agreement between a debtor (that’s you, the person in debt) and a creditor (think: your bank or your credit card company) that tackles your outstanding debt. How do I choose a debt management agency? What types of debts can I lump together in a DMP?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Debt Guru
JUNE 3, 2020
So, you’ve got a bunch of unsecured debt. You’re more than ready to start living debt-free. There are many different approaches for tackling debt repayment. Sign up for consumer credit counseling. Reach out to a credit counseling agency. Great decision! Some people need more help – and that’s okay!
Better Credit Blog
JANUARY 20, 2022
TransUnion calculates that paying off $5,000 of credit card debt at the minimum rate costs $10,000 in interest. This is where a debt relief program can help, typically with unsecured debt, meaning debt not associated with a tangible asset like a house or car. Who Is Freedom Debt Relief Best For?
Troutman Sanders
MAY 2, 2023
Senate Committee on Banking held a full committee hearing, titled “Oversight of the Credit Reporting Agencies.” Chairman Sherrod Brown (D-OH) described consumer credit reports as “riddled with errors.” Brown argued that medical debt “correlates with illness,” not with credit risk. On April 27, the U.S.
Expert insights. Personalized for you.
52 
Let's personalize your content