The Biden administration's new rule eliminates $49 billion in medical debt from credit reports, potentially boosting credit ...
can cost a fortune 15 million people should see medical debt disappear ...
Opposition is quickly forming against the Biden administration’s rule to ban medical debt from appearing on consumers’ credit ...
On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) published a final Rule (the “Rule”) that prohibits ...
Medical debt should not be on credit reports. Biden is banning it.
The agency will also be removing $49 billion in medical debt from the credit reports of roughly 15 million Americans. "People who get sick shouldn't have their financial future upended," CFPB ...
Nevada has about 170,000 adults who report medical debt, which can pose a significant financial hardship. But a new federal ...
The Consumer Financial Protection Bureau announced plans to erase medical debt from credit reports. Critics say the move will do more harm than good, and a legal challenge is underway. Chicago ...
With the new lawsuits, consumers with medical debt will be stuck in the middle but experts say there are options.
Unpaid medical bills will no longer appear on credit reports, where they can block people from getting mortgages, car loans or small business loans, according to a final rule announced Tuesday by the ...