Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...
A new federal rule prevents medical debt from counting against Americans seeking credit for a variety of purposes.
A new Consumer Financial Protection Bureau rule means consumers’ hospital and doctor bills can no longer weigh down their ...
The ruling by the Consumer Financial Protection Bureau could help lift credit scores, but it may face legal challenges.
Credit-reporting companies and debt collectors have previously opposed the policy, which could face political and legal ...
The move, which comes less than two weeks before President-elect Donald Trump is set to take office, represents a challenge ...
The agency estimated the rule will remove more than $49 billion in medical bills from the credit reports of about 15 million ...
The Consumer Financial Protection Bureau (CFPB or Bureau) finalized a rule aimed at removing an estimated $49 billion in ...
Debt collection trade group ACA International and Specialized Collections Systems, a Houston-based debt collector, filed a lawsuit against the Consumer Financial Protection Bureau alleging its medical ...
Most medical debt will be scrapped from consumer credit reports under a final US rule implementing a Biden administration ...
Two trade groups filed a lawsuit against the Consumer Financial Protection Bureau claiming it exceeded its authority and ...
The finalized rule will prevent medical bills from being included on credit reports used by lenders and will prohibit lenders ...