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Category: Op-ed | Category: Speech |

Prepared Remarks of Director Rohit Chopra on New CFPB Medical Debt Report

Today, the CFPB released a report on medical billing and collection practices in our country. Medical bills are the most common debt in collections reported on our credit reports. Our own review suggests that roughly 43 million people had medical bills on their credit report, in June 2021, with the total outstanding amount around $88 billion.