Did you know that around 63% of all people who file for bankruptcy have a significant health care bill logged, and it’s most probably a hospital bill? For most of history large medical bills might have been included on credit reports, but lenders ignored it, which meant people could still get loans and still qualify for new credit cards. It pretty much meant that even if you were getting calls from collection agencies regarding medical bills and you ignored them that it wouldn’t impact your credit scores at all.

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Those days are long gone. Just like anything else that shows up negative on your credit report, if you haven’t attempted to take care of an outstanding medical bill you can’t buy a house or a car, you can’t get a credit card… you’re pretty much stuck with the consequences. Some people think it’s unfair because medical bills can be extensive and it’s not like anyone volunteers for the worse case scenarios. Still, hospitals, physicians, clinics, whatever… these are professional businesses, and they deserve to get paid.
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