medical debt interest
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Proposal to cap interest rates on medical debt heads to Jared Polis
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An effort to lower interest rates for the more than 700,000 Coloradans with medical debt passed its final vote in the state legislature Thursday – now only needing the governor’s signature to become law. If signed, Senate Bill 93 would cap interest rates at 3% for medical debt, down from the current 8%. The bill would also…
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Senate OKs capping medical debt interest rates in Colorado
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An effort to lower interest rates for the more than 700,000 Coloradans with medical debt took a major step forward on Friday, receiving approval from the state Senate. If passed into law, Senate Bill 93 would cap interest rates at 3% for medical debt, down from the current 8%. The bill would also pause debt collections when…
