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 Consumer Financial Protection Bureau finalized a rule that would remove medical bills from credit reports and prevent ...
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 ...
The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million ...
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 ...
Unpaid medical debt is the largest source of debt in the United States, but it will no longer appear on credit reports, ...
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 ...
The regulations, proposed in June, ban credit agencies from including medical debts on consumers’ credit reports and prohibit ...
Harvard University has hired another law firm to help it navigate a U.S. House investigation into its response to claims of ...