A report from december of 2014 from Consumer Financial Protection Bureau* shows the following figures:
- 42.9 million US residents have outstanding medical debt.
- An individual with overdue medical debt owes $1,766 on average.
- Medical expenses comprise more than half of debt on credit reports
- Half of consumers with debt from medical expenses showed no other signs of financial distress.
*Medical bill data and surveys fluctuate due to various methodologies and reporting dates.