September 21, 2023, Kamala Harris, Vice President of the United States, spoke over teleconference discussing ongoing altercations of medical debt. She stated that she and President Bidens’ management team are working to diminish all Medical Debt from American citizens’ credit score statements. 

With the Consumer Financial Protection Bureau (CFPB) following President Bidens’ and Vice President Kamala Harris’s plan on removing debt, they proposed the proposition to their agency and will further wait for a decision. 

“Mistakes and inaccuracies in medical billing are common,” the CFPB said.

They have agreed to overview any medical inaccuracies and make sure credit statements are truly legitimate, not affecting any future financial transactions.

Over 100 million Americans have medical debt limiting them to make loans for specific items like home mortgages. Many citizens file bankruptcy because they cannot pay the medical bills they are confronted with. 

“Of the debt that people have accrued are due to a medical emergency — a student with a burst appendix, a grandmother who took a nasty fall — and, years later, they are still paying off tens of thousands” said Kamala Harris.

Credit Score statements have affected many Americans in being eligible to purchase any expense that would need a loan limiting their ability to expand their wealth and grow a better life.

“Because think about it: Credit scores determine whether a person can buy a home, whether they can buy a car, rent an apartment, or own a small business,” Kamala said. 

Experian, the credit card company, agrees on not including medical debt in credit score statements. Although they made clear that they would only remove some medical bills Americans were charged, not all of them. 

Once the proposed rule of not allowing medical debt to be included in credit statements, all credit companies will have to abide by this and follow any instructed protocols.