Many people think that having bad credit is always someone’s fault. In today’s economic environment, foreclosures are happening right and left and the job market is the worst since 1983. As a result of this crisis, the number of people with bad credit (not just a few missed payments) is increasing. [...]
Entries Tagged as 'Medical Bills'
When Having Bad Credit Isn’t Your Fault
September 29th, 2009 · No Comments · Bankruptcy, Credit Bureaus and Scores, Credit Repair, Credit Reports
Tags: bad credit·Bankruptcy·Credit Report Errors·Credit Reports·divorce·health insurance·Identity Theft·Medical Bills·un-employment
Medical Bills Account for 60% of Bankruptcies
June 5th, 2009 · No Comments · Bankruptcy
Despite having health insurance, many bankrupt families were overwhelmed by their medical debts, the team at Harvard Law School, Harvard Medical School and Ohio University reported in the American Journal of Medicine. The researchers, funded by the Robert Wood Johnson Foundation, said the share of bankruptcies that could be blamed on medical problems rose [...]
Tags: Bankruptcy·harvard Law School·Harvard Medical School·health insurance·job loss·Medical Bills·medical problems·middle-class·Robert Wood Johnson Foundation
When Debt Consolidation Doesn’t Pay
February 9th, 2009 · No Comments · Consumer Debt, Student Loans
If you owe a good bit of money, you’re probably wondering whether or not you should consider getting a debt consolidation loan. In many situations, taking out a consolidation loan is the best way to make progress toward reducing your debt. However, there are several circumstances under which debt consolidation isn’t a wise choice.
Two Situations [...]
Tags: debt consolidation·Doesn't Pay·Federal Student Loans·Interest Rates·Loans·Medical Bills
