For many consumers, financial hardship stems from circumstances beyond their control. In the case of medical debt, there’s not a lot you can do to prepare for unexpected healthcare costs, but bad luck can turn into serious credit problems. A new report explored how medical debt can unfairly impact consumers’ credit standing, which Credit.com Director of Consumer Education Gerri Detweiler explained in an interview with CNBC’s Herb Weisbaum.
Data breaches are beyond consumer control, too. In the wake of a cyberattack on eBay, Credit.com Chairman and Co-Founder Adam Levin talked with MarketWatch reporter Alisa Parenti about how to protect yourself from identity theft after these increasingly common attacks. Read more about what our experts had to say in this week’s roundup: