Medical

Can’t Afford to Pay Your Medical Bills? Here’s What Happens Next

Did you know that one of the main reasons people file for bankruptcy is because they are buried in medical bills? The 2020 SIPP survey suggests Americans’ collective medical debt totaled at least $195 billion in 2019. According to a Forbes report, half of Americans now carry medical debt, up from 46% in 2020. That …

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Medical Bill Debt Collections Laws: What You Need to Know (Updated 2022)

Disclaimer: Credit Summit may be affiliated with some of the companies mentioned in this article. Credit Summit may make money from advertisements, or when you contact a company through our platform. According to the Kaiser Family Foundation, 65% of Americans say their biggest financial fear is dealing with an unexpected medical expense. 49% worry about …

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