The proposed Senate Bill 1061 aims to shield Californians from the repercussions of medical debt on their credit scores, which could greatly alleviate financial strain.
California lawmakers are looking to combat medical debt's negative influence on credit scores, helping millions by ensuring this type of debt doesn’t affect their financial futures.
Senator Monique Limón's bill aims to remove medical debts from credit reports entirely, a move that the Biden administration supports to enhance the credit scores of millions.
Critics argue that the broad definition of 'medical debt' in Limón's bill might inadvertently include other expenses like elective procedures, raising concerns.
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