The rules ban credit agencies from including medical debts on consumers' credit reports and prohibit lenders from considering ...
There is an estimated $49 billion in unpaid medical bills from the credit reports of roughly 15 million Americans.
Two trade groups filed a lawsuit against the Consumer Financial Protection Bureau claiming it exceeded its authority and ...
The Consumer Financial Protection Bureau said it would undertake a rule to regulate large participants in the personal loan ...
COLUMBUS, Ohio — In a significant move, the Biden administration has announced new rules that will prevent unpaid medical bills from affecting Americans' credit scores. This change is set to impact ...
There is growing evidence, for example, that credit scores depressed by medical debt can threaten people’s access to housing and drive homelessness. People with low credit scores can also have trouble ...
The U.S. Consumer Financial Protection Bureau said Wednesday it approved an application from Financial Data Exchange ("FDX") ...
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.
Unpaid medical bills will no longer appear on credit reports, where they can block people from mortgages, car loans or small ...
The Biden Administration finalized a rule that bans credit reporting agencies from including medical debt when calculating ...
The Consumer Financial Protection Bureau (CFPB) announced Tuesday it has finalized a rule that will remove medical bills from the credit reports of an estimated 15 million Americans. The rule, ...