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.
can cost a fortune 15 million people should see medical debt disappear ...
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.
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 ...
Opposition is quickly forming against the Biden administration’s rule to ban medical debt from appearing on consumers’ credit ...
The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.
On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) published a final Rule (the “Rule”) that prohibits consumer reporting ...
Medical debt should not be on credit reports. Biden is banning it.
Nevada has about 170,000 adults who report medical debt, which can pose a significant financial hardship. But a new federal ...
WASHINGTON (NEXSTAR) – The Biden administration finalized a rule on Tuesday to prevent unpaid medical bills from showing up on credit reports. The rule from the Consumer Financial Protection Bureau ...