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CFPB issues rules to remove medical debt from consumer credit reports
Credit-reporting companies and debt collectors have previously opposed the policy, which could face political and legal challenges under incoming President Donald Trump.
As Biden nears exit, US bans medical debt from credit reports
President Joe Biden's outgoing administration announced on Tuesday a ban on medical debt in American consumers' credit reports, making good on a campaign year pledge less than two weeks before leaving office.
Medical debt soon will be banned on credit reports
Americans won’t have to worry about unpaid medical bills damaging their credit reports and scores much longer.
Biden administration bans unpaid medical bills from appearing on credit reports
Unpaid medical bills will no longer appear on credit reports, where they can block people from mortgages, car loans or small business loans.
CFPB Bans Medical Bills From Credit Reports
Credit-reporting companies will be banned from including medical debt on credit reports, under a rule finalized by the Consumer Financial Protection Bureau. The rule isn’t slated to go into effect until March,
13h
on MSN
$119 billion of U.S. government debt to be issued this week, raising questions about demand
A total of $119 billion in U.S. government debt issuance is about to drop this week through Wednesday, pushed forward due to ...
14h
on MSN
Is it legal for a credit card company to sell your delinquent debt?
There are a few routes your credit card company can take when you're late on payments — including selling the debt.
3d
on MSN
The U.S. Is About To Hit The Debt Ceiling Again: What That Means For The Economy
A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...
18m
on MSN
Debt-Ceiling Fight Has New X Factor: Trump
Democrats see potential for an agreement with the president-elect that permanently defuses the borrowing-limit threat.
2d
on MSN
While Biden administration withdrew student loan forgiveness plans, there is still debt relief available
After the Biden administration withdrew its sweeping student loan forgiveness plans, borrowers should look into the existing ...
5d
on MSN
$102 Trillion Global Debt: The U.S. And China Lead The Charge – What You Need To Know
As the global debt approaches $102 trillion, the United States and China are the top contributors to the increasing debt.
4d
Why Trump is antsy about the coming debt ceiling fight
A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are ...
14h
on MSN
National debt to increase $196 billion after Social Security Fairness Act signed
President Joe Biden signed the bipartisan Social Security Fairness Act, which increases payouts to retired public sector ...
7d
What will happen to Georgia's student loan debt during Trump's second term?
Trump previously tried to end forgiveness programs. Now he wants to eliminate the Department of Education. What could this ...
20h
Mexico Kicks Off Latin American Sovereign Debt Sales in 2025
Mexico kicked off Latin America sovereign bond offerings for 2025, filing to sell hard-currency debt in what would be the ...
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