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 ...
The rules ban credit agencies from including medical debts on consumers’ credit reports and prohibit lenders from considering ...
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ...
The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million ...
The move, which comes less than two weeks before President-elect Donald Trump is set to take office, represents a challenge ...
Two trade groups filed a lawsuit against the Consumer Financial Protection Bureau claiming it exceeded its authority and ...
Debt collectors sued in Texas federal court to block the Consumer Financial Protection Bureau’s ban on medical debt in credit ...
The Biden Administration finalized a rule that bans credit reporting agencies from including medical debt when calculating ...
Unpaid medical debt is the largest source of debt in the United States, but it will no longer appear on credit reports, ...
The Consumer Financial Protection Bureau (CFPB or Bureau) finalized a rule aimed at removing an estimated $49 billion in ...
Removing medical debts from consumer credit reports is expected to boost the credit scores of millions of families by an ...