The Consumer Financial Protection Bureau’s (CFPB) new rule banning medical debt from credit reports could see a delay and further reconsideration.

The Biden administration has approved new rules that would wipe out an estimated $49 billion in unpaid medical bills from the credit reports of roughly 15 million people. The rules were finalized ...

The Consumer Financial Protection Bureau has announced significant changes to how medical debt affects consumers' financial ...

The rule ends the inclusion of medical debt on credit reports and prevents lenders from using certain medical information in ...

On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) published a final Rule (the “Rule”) that prohibits consumer reporting ...

can cost a fortune 15 million people should see medical debt disappear ...

The Consumer Financial Protection Bureau is aiming to protect consumers from illegal medical debt collection practices.

Debt collectors sued in Texas federal court to block the Consumer Financial Protection Bureau’s ban on medical debt in credit ...

Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...

Credit-reporting companies and debt collectors have previously opposed the policy, which could face political and legal ...

Americans won’t have to worry about unpaid medical bills damaging their credit reports and scores much longer.

Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn’t ...