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 challenges under incoming President Donald Trump.
Harris announces ruling removing billions in medical debt from credit reports
Vice President Harris announced a final ruling by the Consumer Financial Protection Bureau to remove $49 billion in unpaid medical debt from consumer credit reports.
As Biden Nears Exit, US Bans Medical Debt From Credit Reports
Officials said the new regulation, adopted despite objections from the banking and consumer data industries, would remove $49 billion in medical bills from the credit reports of about 15 million Americans.
Kamala Harris Announces Ban on Medical Debt From Appearing on Credit Reports
The Consumer Financial Protection Bureau rule will remove $49 billion in medical debt from the credit reports of more than 15 million Americans, according to the bureau, which means lenders will no longer be able to take that into consideration when deciding to issue a loan.
Biden administration bans unpaid medical bills from appearing on credit reports
The Consumer Financial Protection Bureau rule will remove $49 billion in medical debt from the credit reports of more than 15 million Americans, according to the bureau.
New federal rule will remove medical debt from credit reports
The rule would erase an estimated $49 billion in unpaid medical bills from the credit reports of roughly 15 million Americans, the CFPB said. That could help boost those borrowers' credit scores by an average of 20 points,
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