consumer financial protection bureau medical debt news - Search News

New rule could ban medical debt on your credit report

ConsumerAffairs · 19h

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 lawsuit to block the Consumer Financ

Hosted on MSN · 28m

Medical Debt Won't Hurt Your Credit Score Anymore

However, it's important to note that while this rule prevents medical debt from affecting credit scores, it doesn't eliminate the debt itself. You should still work with healthcar

Verywell Health on MSN · 18h

New Federal Rule Will Wipe Medical Debt From Your Credit Score

The Biden Administration finalized a rule that bans credit reporting agencies from including medical debt when calculating credit scores, improving millions of Americans' access to mortgages and loans.

American Banker20h

CFPB sued for exceeding its authority on medical debt rule

Two trade groups filed a lawsuit against the Consumer Financial Protection Bureau claiming it exceeded its authority and ...

GoodNewsNetwork5h

Consumer Protection Bureau Will Soon Remove Medical Bills from Your Credit Reports

The CFPB's ruling will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans ...

phillyvoice.com1d

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, ...

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