The ruling by the Consumer Financial Protection Bureau could help lift credit scores, but it may face legal challenges.
Unpaid medical debt will no longer affect credit scores, according to a new rule from Biden administration regulators who want to mitigate the financial repercussions of those bills.
A new Consumer Financial Protection Bureau rule means consumers’ hospital and doctor bills can no longer weigh down their credit scores.
The Consumer Financial Protection Bureau has finalized a rule to keep medical bills off of consumers’ credit reports.
Americans won’t have to worry about unpaid medical bills damaging their credit reports and scores much longer.
The CFPB estimates credit scores could jump by up to 20 points when medical debt disappears from reports. That impact can be ...
Still, the CFPB found that about $50 billion of medical debt remained on the credit reports of millions of Americans afterward. Credit scores and the reports they’re based on are commonly used ...
The Consumer Financial Protection Bureau's rule banning medical debt from credit reports is the right thing to do in every ...
Despite creditors being banned from considering medical debt for those looking to get a loan, experts say those who owe money ...
While an overwhelming majority of Missouri votes voted against her, Vice President Kamala Harris has ensured that state ...
LAKEVILLE, Minn. — A federal policy finalized last week by the Consumer Financial Protection Bureau (CFPB) will ban medical ...
Millions of Americans could see a credit score boost thanks to a new rule banning medical debt from appearing on credit reports. According to the Consumer Financial Protection Bureau, the change will ...