The Biden administration's new rule eliminates $49 billion in medical debt from credit reports, potentially boosting credit ...
Outstanding credit card and other revolving debt decreased $13.7 billion, the most since early in the pandemic, after surging ...
Americans won’t have to worry about unpaid medical bills damaging their credit reports and scores much longer.
The Biden administration finalized a new rule that will prevent Americans from the harm caused by medical debt, including being coerced by debt collectors to pay bills they do not owe.
can cost a fortune 15 million people should see medical debt disappear ...
Opposition is quickly forming against the Biden administration’s rule to ban medical debt from appearing on consumers’ credit ...
In a major change that could affect millions of Americans' credit scores, the Consumer Financial Protection Bureau on Tuesday ...
On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) published a final Rule (the “Rule”) that prohibits ...
Medical debt should not be on credit reports. Biden is banning it.
The agency will also be removing $49 billion in medical debt from the credit reports of roughly 15 million Americans. "People who get sick shouldn't have their financial future upended," CFPB ...
Nevada has about 170,000 adults who report medical debt, which can pose a significant financial hardship. But a new federal ...
On Jan. 7, 2025, the Consumer Financial Protection Bureau (CFPB) finalized a rule that will ban the inclusion of medical debt on credit reports and prohibit lenders from using medical ...