Americans’ unpaid medical bills will remain on their credit reports after a federal judge last week vacated a Biden-era Consumer Financial Protection Bureau (CFPB) rule that would have removed such debt.
I mean I guess it makes sense. You have an accident and suddenly went into debt for 500,000 dollars. You need to replace your car also. You certainly could afford a 400 dollar a month car note. You most likely can’t afford the 2000/month to pay it off in 20 years.
There hits a point of so far beyond reasonable that you just start saying fuck it and don’t even try.
I mean I guess it makes sense. You have an accident and suddenly went into debt for 500,000 dollars. You need to replace your car also. You certainly could afford a 400 dollar a month car note. You most likely can’t afford the 2000/month to pay it off in 20 years.
There hits a point of so far beyond reasonable that you just start saying fuck it and don’t even try.