Medical Related Vehicle Related

Is Medical Debt a Predictor of Auto Loan Debt?

Written by Steve Rhode

The Urban League has put out a great interactive tool that shows debt in America.

When you look at the maps showing the most amount of different types of debts, there is a strong correlation between those parts of the country where medical or auto loan debt is higher than average.

The darker the color, the higher the percentage of debt people have.

Since people tend to have to take on medical debt when they need help, the assumption is that higher levels of medical debt lead to less of an ability to have enough money from auto loan debt.

Auto Loan Debt

Medical Debt

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About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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