Working Credit CEO Sarah Chenven is quoted in a new article from NPR, detailing how the CFPB has had to pivot plans to exclude medical debts from credit reports under the current administration. Her quote reads in part, “If you’re on the wrong side of the line, then things are just going to be more expensive. So, if you get a car loan, you’re going to get a car loan at 25% interest rather than 5%. And that’s going to cost you $200 to $300 more a month … we call it expense inequality: paying more for products that should cost less” (npr.org).
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