Medical Sources

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.

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