A new Consumer Financial Protection Bureau rule means consumers’ hospital and doctor bills can no longer weigh down their ...
Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...
The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million ...
The rules ban credit agencies from including medical debts on consumers' credit reports and prohibit lenders from considering ...
The move, which comes less than two weeks before President-elect Donald Trump is set to take office, represents a challenge ...
Debt collectors sued in Texas federal court to block the Consumer Financial Protection Bureau’s ban on medical debt in credit ...
A trade group representing consumer credit reporting companies and a Texas-based credit union association have filed a ...
Credit-reporting companies and debt collectors have previously opposed the policy, which could face political and legal ...
The Consumer Financial Protection Bureau (CFPB or Bureau) finalized a rule aimed at removing an estimated $49 billion in ...
Unpaid medical debt is the largest source of debt in the United States, but it will no longer appear on credit reports, ...
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 ...
Removing medical debts from consumer credit reports is expected to boost the credit scores of millions of families by an ...