Medical Debt Could Be Removed From Credit Reports

A new proposal by the Biden administration would protect Americans from having their credit history cratered by medical bills. The rule change, announced by the Consumer Financial Protection Bureau (CFPB) on June 11, would prevent almost any medical debt from appearing on credit reports. In a statement, the CFPB said medical bills “have little to…

How Financial Stress Relates to Suicide

Research has shown that people who experience stress from financial issues and debt are 20 times more likely to attempt suicide than those who do not experience this type of stress. What’s more, financial hardship is, unfortunately, a common problem. In one study, over 50% of the participants reported having two or more financial stressors.…