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WalletHub Study: 2022’s Cities Benefiting Most & Least From Medical-Debt Credit Report Changes

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

This article was released by Wallethub.