Once medical bills go to a debt collector, they can start to impact credit scores. Fortunately, changes to medical collection debt reporting could eliminate medical debt collection from many credit reports. Does medical debt affect your credit? In July 2022, the three major credit bureaus joined ...
Whether they’ve eaten something they shouldn’t have, been in a road traffic accident, or had a urinary tract infection, you should think about how you would meet these medical bills if you had to. Photo Credit: Nils Jacobi, Shutterstock Medications for On-Going Conditions $0-1000 per ...
Does mortgage forbearance affect your credit? Mortgage forbearance does not show up on your credit report as a negative activity. With forbearance, mortgage lenders and servicers report you as current on your loan even though you’re no longer making payments. ...
But more states have been making moves to change sales tax laws that affect feminine hygiene products. “In recent years, a growing number of states have enacted laws or considered legislation to exempt menstrual products from the sales tax,” says Katherine Loughead, senio...
Why? Life insurance companies view those with poor credit scores as more likely to skip payments, which can be a hassle for the company. Chosen Insurance Policy The insurance policy type and add-ons, like a child rider, affect how much you’ll pay for a policy. As shown in the average...
However, this would affect any payout to beneficiaries someday, as all interest and loans would have to be repaid, or the total life insurance payout would be reduced. Learn more about universal whole life insurance and how it can impact your investments. How to Pick the Best Type of Life...
How Does Student Loan Debt Affect Borrowers? Student loans are a burden for many Americans, especially when inflation rises significantly or during an economic recession. National student loan debt was $1.59 trillion in the second quarter of 2024, although it declined by $10 billion f...
If you dieintestate(without a will), the state will distribute your assets according to its laws, usually splitting the estate between your spouse and children. Such a scenario sometimes results in the sale of the family home or other assets, which can negatively affect a surviving spouse, who...
GPI supporters believe GPI is a better measure of economic well-being than GDP because it attempts to quantify how economic, social, and environmental costs affect value. However, supporters (and critics) recognize that GPI costs are hard to quantify. Therefore, some feel that GPI may not be ...
What added protection, if any, do you need during or after a renovation? Does your existing homeowners insurance cover renovations? If there's a particular remodel or renovation in your future, how will it affect your coverage? Here's what you need to know about renovations and insurance cove...