Medical Debt Will Now Be Wiped From Credit Reports
A new Consumer Financial Protection Bureau rule means consumers’ hospital and doctor bills can no longer weigh down their ...
New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know
Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...
CFPB finalizes rule to remove estimated $49 billion in medical debt from credit reports
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ...
New Biden rule would remove nearly $49B in medical debt from millions of credit reports
The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million ...
Major Credit Reporting Changes For Medical Bills, Student Loans Could Impact 20 Million People
Millions of Americans may see significant changes to their credit reports in the coming months if they have unpaid medical ...
Debt Collectors File New Challenge to CFPB Medical Debt Rule (1)
Debt collectors sued in Texas federal court to block the Consumer Financial Protection Bureau’s ban on medical debt in credit ...
ConsumerAffairs1d
Credit bureaus sue to block new rule restricting use of medical debt info
A trade group representing consumer credit reporting companies and a Texas-based credit union association have filed a ...
CFPB issues rules to remove medical debt from consumer credit reports
Credit-reporting companies and debt collectors have previously opposed the policy, which could face political and legal ...
phillyvoice.com2d
Medical debt to be removed from credit reports of 15 million Americans
Unpaid medical debt is the largest source of debt in the United States, but it will no longer appear on credit reports, ...
JD Supra21h
Trade Associations File Challenge to CFPB’s Rule on Medical Debt in Consumer Reports
The Consumer Financial Protection Bureau (CFPB or Bureau) finalized a rule aimed at removing an estimated $49 billion in ...
New Rule Erases Medical Debt From Credit Reports: What It Means For You
If you have any medical debt, you’ll be glad to know it will no longer appear on your credit report. On Tuesday, the Consumer Financial Protection Bureau (CFPB) announced the finalization of a rule ...
Richmond3h
How removing unpaid medical bills from credit reports could help consumers
Removing medical debts from consumer credit reports is expected to boost the credit scores of millions of families by an ...