Removing medical debts from consumer credit reports is expected to increase the credit scores of millions of families by an average of 20 points.
For example, she noted a person emerging from a medical scare might need a new car to rejoin the workforce but the sudden ...
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 ...
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 Consumer Financial Protection Bureau is tasked with writing and enforcing rules for the financial industry. How might the independent federal agency change under the Trump administration?
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The Biden Administration is finalizing this Consumer Financial Protection Bureau (CFPB) ruling that would also ban lenders ...
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 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.