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How barring medical debt from credit scores could impact borrowers

A White House proposal to bar medical bills from being used in credit reporting won’t get rid of the debt itself or prevent future debts from being accrued, but the move could be transformative for many. The Biden administration and debt advocates argue medical debt is not a good predictor of a person’s credit worthiness,…

Transcripts for FOXNEWS The Story With Martha MacCallum 20240604 19:49:00

bigger is credit worthiness. mortgage credit conditions for low income households have already tightened and they re not done raising interest rates. these problems, they ve now leaked into the rental market. red fin says median asking rent nationwide is just over $2,000. $16 shy of a record high. so what do you do with all of this? you see a cultural shift. multifamily living. aging first-time home buyer and unfortunately, homelessness. martha: i think it s 36 years old is the average first time home buyer. that s a long time out of college to wait to own your first home. this is something that impacts so many young people across the country, lauren. thank you very much. we ll see what perhaps some of these elections can do to change any of this environment, if anything. thanks, lauren. okay. so artificial intelligence is reportedly now so advanced that it can pick up your pass word by

Transcripts for FOXNEWS Sunday Night in America With Trey Gowdy 20240604 04:36:00

it s a u.s. dollar, the treasury bill, the faith of the u.s. government to repay its bills. when we go to market around the world to issue debt to finance deficit of government there is less confidence. there is no other way to put it, if it downgrades again from aa to single-a that means it gets worse and if ever they would pay her bills in default on them that s when it s all over were so far from that but it s beginning of the crooks in that faith that you have to be concerned about. trey: i remember in a previous life sleeping on a couch in an office building on the capital missing holidays because we were in the throes of a shutdown. that s what i wanted to downgrade our credit worthiness when i started missing holidays

Transcripts for FOXNEWS Sunday Night in America With Trey Gowdy 20240604 01:36:00

it s a u.s. dollar, the treasury bill, the faith of the u.s. government to repay its bills. when we go to market around the world to issue debt to finance deficit of government there is less confidence. there is no other way to put it, if it downgrades again from aa to single-a that means it gets worse and if ever they would pay her bills in default on them that s when it s all over were so far from that but it s beginning of the crooks in that faith that you have to be concerned about. trey: i remember in a previous life sleeping on a couch in an office building on the capital missing holidays because we were in the throes of a shutdown. that s what i wanted to downgrade our credit worthiness when i started missing holidays

Transcripts for FOXNEWS Sunday Night in America With Trey Gowdy 20240604 08:36:00

it s a u.s. dollar, the treasury bill, the faith of the u.s. government to repay its bills. when we go to market around the world to issue debt to finance deficit of government there is less confidence. there is no other way to put it, if it downgrades again from aa to single-a that means it gets worse and if ever they would pay her bills in default on them that s when it s all over were so far from that but it s beginning of the crooks in that faith that you have to be concerned about. trey: i remember in a previous life sleeping on a couch in an office building on the capital missing holidays because we were in the throes of a shutdown. that s what i wanted to downgrade our credit worthiness when i started missing holidays

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