“‘Medical debt’ and ‘Medical bankruptcy’ are two phrases that should not exist in the United States of America,” said Bernie Sanders after the country’s three largest credit agencies said they will be removing paid-off medical debt from credit reports.
Sen. Bernie Sanders called for medical debt to be abolished on Monday in response to news that the country’s three largest credit agencies will be removing paid-off medical debt from credit reports.that credit reports will no longer include medical debt that went to collections after it’s been paid off. This accounts for almost 70 percent of medical debt on credit reports, and will eliminate billions of dollars in recorded debts.
Sanders praised the move, but said that it doesn’t go far enough. “‘Medical debt’ and ‘Medical bankruptcy’ are two phrases that should not exist in the United States of America,” Sanders wrote on Twitter. “Removing 70 percent of past-due medical debt from credit reports is a step in the right direction, and much more needs to be done. We must cancel all medical debt.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bernie Sanders to Returning Starbucks CEO Howard Schultz: 'End the Union-Busting'\u0022Please respect the Constitution of the United States and do not illegally hamper the efforts of your employees to unionize,\u0022 the Vermont senator wrote in a letter to Schultz.
Read more »
Equifax, TransUnion and Experian will soon stop counting medical debt in credit reports --- now, for the bad newsAdvocates say the people who will remain stuck with medical debt on their credit reports are likely going to be those who were already the most financially vulnerable.
Read more »
New Zealand woman gets home detention for allegedly selling cannabis edibles to high schoolersA woman who was allegedly baking cannabis edibles that she claims she sold to pay for her medical treatments has been sentenced to home detention on four weed-related charges - via TheGrowthOp Cannabis news
Read more »
Pa. woman trampled by multiple cows, then airlifted to hospitalA medical helicopter was called to the scene of the still-unexplained accident involving multiple cows.
Read more »
Credit reporting agencies Equifax, Experian and TransUnion will wipe out most medical debtThree of the country's largest credit reporting agencies are removing nearly 70% of medical debt from consumer credit reports, the companies announced in a joint statement Friday.
Read more »
Bernie Sanders to Returning Starbucks CEO Howard Schultz: 'End the Union-Busting'\u0022Please respect the Constitution of the United States and do not illegally hamper the efforts of your employees to unionize,\u0022 the Vermont senator wrote in a letter to Schultz.
Read more »