FOR IMMEDIATE RELEASE:November 16, 2023 CONTACT:Office of [email protected] CFPB Report Highlights Consumer Protection Issues in Medical Debt Collection Annual report on the Fair Debt Collection Practices Act also describes the CFPB’s and states’ efforts to end the collection of inaccurate medical bills that consumers may not even owe WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau […]
Tag Archives: collection agency
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31 percent of Credit reports contain collection items, 67 percent of these collections are medical collections. Medical debt is often incurred as a result of an unexpected injury or illness, and a majority of medical debt happens to patients who are covered by insurance. Medical Debts turning in to a Collection The doctor’s office or hospital will handle the […]