Medical bills can ruin credit!

[ThatsMyBarack]

[link:http://news.yahoo.com/medical-bills-wreck-credit-even-paid-off-183216201.html|

[greatauntoftriplets]

1. They're one of the leading causes of personal bankruptcy.

[pkz]

2. there is a bipartisan bill in committee to fix this

they need to get on it.

H.R. 2086 Medical Debt Responsibilty Act

At one time, between jobs, we had three different insurance policies overlapping.
Insurance slow paying can kill your credit for 7 yrs.
Believe me, they turn over to collection with some quickness.

[Warpy]

3. Credit ratings are a RACKET

designed to suck even more money out of the working class. It's high time for more people to rebel any way they can, by refusing to buy things on credit, at all.

Since buying a house has been rendered insane, this is a much easier thing to do that it used to be.

[catrose]

4. And in other news, water is wet

Yahoo News is just now figuring this out?

I still haven't paid off bills from being in the hospital less than 24 hours for observation last year--and it did affect my getting a mortgage. Fortunately it wasn't a heart attack--just stress over finances that was causing those pains.