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 ...
Medical debt will no longer impact your credit under new federal rule
A new federal rule prevents medical debt from counting against Americans seeking credit for a variety of purposes. Finalized Tuesday by the Consumer Financial Protection Bureau (CFPB), the rule bans ...
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 ...
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 ...
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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 ...
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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 ...
How removing unpaid medical bills from credit reports could help consumers
A rule finalized this week bans outstanding medical debts from appearing on credit reports and prohibits lenders from using ...
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 ...
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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 ...
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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, ...
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 ...