Credit Repair Blog

Health Related Credit Scores

This comes from the Chicago Tribune…. Are health related credit scores next?  The Tribune discusses the creation of a credit scoring scheme that scores how well you have paid your medical bills.  As noted by the Tribune, the development has “tremendous implications for virtually every patient in America. It is the marriage of credit and medical histories, an inevitable partnership being consummated by at least one company already collecting information about how reliably patients pay their medical bills. Other companies are sure to follow what is essentially a means of creating a credit score related to a patient’s health status with the clear goal of predicting his or her future ability to pay.”

We think it’s another reason why American consumers need to keep close tabs on the information that is in their credit histories.  More information = more chances for errors.