However, Deal cautions that the removal of medical debt from credit reports does not absolve individuals from responsibility. “You are still liable for the debt,” she emphasized. “Creditors can still ...
A new federal rule prevents medical debt from counting against Americans seeking credit for a variety of purposes.
A rule finalized this week bans outstanding medical debts from appearing on credit reports and prohibits lenders from using ...
Unpaid medical bills will no longer affect credit scores after the Consumer Financial Protection Bureau on Tuesday finalized a rule to remove an estimated $49 billion in medical bills from the credit ...
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 ...
The Consumer Financial Protection Bureau (CFPB or Bureau) finalized a rule aimed at removing an estimated $49 billion in ...
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 ...
A new Consumer Financial Protection Bureau rule means consumers’ hospital and doctor bills can no longer weigh down their ...
If you have any medical debt, you’ll be glad to know it will no longer appear on your credit report. On Tuesday, the Consumer Financial Protection Bureau (CFPB) announced the finalization of a rule ...
If you're suffering under the weight of medical debt, you could soon see your credit score increase. A new federal policy now ...
Trade groups file lawsuit against CFPB over new rule banning medical debt from credit reports, arguing it exceeds statutory authority.
Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...