Can poor creditworthiness and excessive debt lead to your death? It certainly can if you owe money to the mob. However, it does not require a visit from Vito the Enforcer for credit concerns to affect your health.
A paper recently published by the Federal Reserve Bank of Atlanta shows a connection between financial difficulties and an increased risk of death. By comparing credit histories with mortality outcomes over a four-year period of data from the Federal Reserve's Consumer Credit Panel, researchers found that delinquent debt and poor credit correlates to higher risk of death. Conversely, an increase of 100 points in an individual's credit score decreases mortality risk by 4 percentage points.
Multiple studies have shown connections between financial stress and poor health, and it makes sense that the connection could extend to an increased risk of death. Financial insecurity may produce other aggravating factors, such as reduced access to proper health care...
from MoneyTips https://www.moneytips.com/cause-of-death-low-credit-score
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