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Medical debt will be removed from credit reports
New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know
Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a new rule from the Consumer Financial Protection Bureau (CFPB) prohibits cre
Medical Debt Will Now Be Wiped From Credit Reports
A new Consumer Financial Protection Bureau rule means consumers’ hospital and doctor bills can no longer weigh down their credit scores.
Medical Debt Will Disappear From Credit Reports in March, CFPB Ruling Says
The ruling by the Consumer Financial Protection Bureau could help lift credit scores, but it may face legal challenges.
JD Supra
2h
Trade Associations File Challenge to CFPB’s Rule on Medical Debt in Consumer Reports
The Consumer Financial Protection Bureau (CFPB or Bureau) finalized a rule aimed at removing an estimated $49 billion in ...
41m
How removing unpaid medical bills from credit reports could help consumers
A rule finalized this week bans outstanding medical debts from appearing on credit reports and prohibits lenders from using ...
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