Credit agencies to delete paid-off medical accounts. episode artwork

EPISODE · Mar 8, 2012 · 1H

Credit agencies to delete paid-off medical accounts.

from All You Need To Know Radio · host All You Need To Know Radio

 Sponsor American Negotiators Congress is considering legislation -- the Medical Debt Responsibility Act -- that would require credit agencies to delete paid-off medical debt from credit reports within 45 days. The bill has bipartisan support in the House, said co-sponsor U.S. Rep. Heath Shuler, a North Carolina Democrat. Shuler said the health care industry sends delinquent bills to debt collectors quicker than any other industry.. Debt collectors support the legislation in the House, according to ACA International, a trade association. A key foe of an earlier bill was another group representing the nation's credit bureaus. The Consumer Data Industry Association, which hasn't taken a position on the revised bill, said that lenders need to see a consumer's patterns of behavior over time and even paid-off medical debt is relevant to whether the consumer is a good risk.. http://abclocal.go.com/ktrk/story?section=news%2Fnational_world&id=8568183

Episode metadata supplied by the publisher feed · Published Mar 8, 2012

Embed this episode

NOW PLAYING

Credit agencies to delete paid-off medical accounts.

0:00 1:00:38

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of All You Need To Know Radio?

This episode is 1 hour and 0 minutes long.

When was this All You Need To Know Radio episode published?

This episode was published on March 8, 2012.

Can I download this All You Need To Know Radio episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!