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. So if pending ...
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The CFPB alleged the credit bureau failed to properly investigate consumer disputes. Credit reports have a significant impact on consumer finances, experts said. They may dictate someone's success ...
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Opposition is quickly forming against the Biden administration’s rule to ban medical debt from appearing on consumers’ credit reports, threatening the viability of what could be a popular ...
Last week, the Consumer Financial Protection Bureau rolled out an exciting announcement: It will be banning medical debt from Americans’ credit reports. The new rule is a win for consumers ...
Medical bills are now prohibited from appearing on consumers' credit reports or being used by lenders to make lending decisions, the CFPB announced this month. The agency will also be removing $49 ...