Removing medical debts from consumer credit reports is expected to increase the credit scores of millions of families by an average of 20 points.
While most of the Biden administration's prudential banking regulations can't be overturned under the Congressional Review ...
The Biden administration finalized a new rule that will prevent Americans from the harm caused by medical debt, including ...
The CFPB's ruling will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans ...
While the actual registration process has been going smoothly, there's some confusion among nonbanks over the timing and what ...
Medical debt ought to be a different case because credit-score blemishes connected to health scares and unforeseen medical mishaps aren't a good gauge of a person's ability to repay other loans, CFPB ...
The rules ban credit agencies from including medical debts on consumers' credit reports and prohibit lenders from considering ...
One of the largest debt collectors has faced penalties for violating consumer rights. Still, it filed more than 20,000 lawsuits in Maricopa County since 2022.
The Biden Administration is finalizing this Consumer Financial Protection Bureau (CFPB) ruling that would also ban lenders ...
There is an estimated $49 billion in unpaid medical bills from the credit reports of roughly 15 million Americans.
Gov. Josh Shapiro in his 2024 budget address proposed a medical debt relief program to forgive $400 million in debt owed by ...
The Biden administration is finalizing a rule that will help millions of Americans battling bad credit due to medical debt.