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