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With recent changes by the credit bureaus expected to remove nearly 70% of medical collections debt tradelines from consumer credit reports, the personal-finance website WalletHub today released its report on the Cities Benefiting Most & Least From Medical-Debt Credit Report Changes, as well as accompanying videos.
To identify where Americans are benefiting the most and least from the new medical-debt credit report changes, WalletHub compared more than 180 U.S. cities across four key metrics using TransUnion data. Our data set ranges from the share of people with medical-collections debt balances under $500 to the share of people with medical debt less than one year old.
Benefiting the Most | Benefiting the Least |
1. Norfolk, VA | 173. Pearl City, HI |
2. Newport News, VA | 174. Glendale, CA |
3. Gulfport, MS | 175. Warwick, RI |
4. Huntington, WV | 176. Boston, MA |
5. Amarillo, TX | 177. San Jose, CA |
6. Casper, WY | 178. Fremont, CA |
7. Columbia, SC | 179. Minneapolis, MN |
8. Chesapeake, VA | 180. San Francisco, CA |
9. Columbus, GA | 181. St. Paul, MN |
10. Virginia Beach, VA | 182. New York, NY |
To view the full report and your city’s rank, please visit: https://wallethub.com/edu/medical-debt-credit-score/107508