A new Consumer Financial Protection Bureau rule means consumers’ hospital and doctor bills can no longer weigh down their ...
Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...
Removing medical debts from consumer credit reports is expected to boost the credit scores of millions of families by an ...
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ...
Credit-reporting companies and debt collectors have previously opposed the policy, which could face political and legal ...
Millions of Americans may see significant changes to their credit reports in the coming months if they have unpaid medical ...
The Consumer Financial Protection Bureau (CFPB or Bureau) finalized a rule aimed at removing an estimated $49 billion in ...
The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million ...
The Biden Administration finalized a rule that bans credit reporting agencies from including medical debt when calculating ...
Debt collectors sued in Texas federal court to block the Consumer Financial Protection Bureau’s ban on medical debt in credit ...
A trade group representing consumer credit reporting companies and a Texas-based credit union association have filed a ...
Unpaid medical debt is the largest source of debt in the United States, but it will no longer appear on credit reports, ...