Report: Medical debt collectors have work to do
Cathy Cook | April 17The New Mexico Public Interest Research Group recently released a report exploring consumer complaints on medical debt, concluding that debt collectors have work to do when it comes to accuracy and illegitimately affecting credit scores. The ninth in a series of reports that reviews complaints to the Consumer Financial Protection Bureau found that nearly two-thirds of complaints about medical debt collection asserted that the debt was never owed, was unverified, or was already paid or discharged. The report was released in an effort to demonstrate the importance of the CFPB and raise awareness about the government agency’s work, as well as encourage policymakers to eliminate aggressive debt collection practices, according to Andrew Balis, NMpirg’s campaign organizer.
