Debt collection trade group ACA International and Specialized Collections Systems, a Houston-based debt collector, filed a lawsuit against the Consumer Financial Protection Bureau alleging its medical ...
Unpaid medical debt will no longer affect credit scores, according to a new rule from Biden administration regulators who ...
A new Consumer Financial Protection Bureau rule means consumers’ hospital and doctor bills can no longer weigh down their ...
Trade groups file lawsuit against CFPB over new rule banning medical debt from credit reports, arguing it exceeds statutory authority.
Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...
Outstanding credit card and other revolving debt decreased $13.7 billion, the most since early in the pandemic, after surging ...
The CFPB's ruling will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans ...
The rules ban credit agencies from including medical debts on consumers' credit reports and prohibit lenders from considering ...
There is an estimated $49 billion in unpaid medical bills from the credit reports of roughly 15 million Americans.
COLUMBUS, Ohio — In a significant move, the Biden administration has announced new rules that will prevent unpaid medical ...
There is growing evidence, for example, that credit scores depressed by medical debt can threaten people’s access to housing and drive homelessness. People with low credit scores can also have trouble ...
Gov. Josh Shapiro in his 2024 budget address proposed a medical debt relief program to forgive $400 million in debt owed by ...