Saturday, January 12, 2008

Your Health and Your Credit: Medical Bills May Impact Where You Hang Your Hat

More than one quarter (27%) of survey respondents with medical debt said they had housing problems that resulted from the debt.

The most common problems were;

  • inability to qualify for a mortgage (11%)
  • inability to pay rent or mortgage(10%)
  • being turned down from renting a home (7%)
  • being forced to move to less expensive housing (5%)
  • A small number of respondents said that they were evicted (2%) and/or were now homeless (2%) because of medical debt

Among those with debt, those who were not insured were more likely to say that the debt led to a housing problem. But a significant number—about one in five—of those who had been insured experienced housing problems as well.


Source: The Access Project. Home Sick: How Medical Debt Undermines Housing Security.

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