$49 billion in medical debt will be wiped off Americans' credit reports—what you need to know
The Consumer Financial Protection Bureau has finalized a rule to keep medical bills off of consumers' credit reports.
Industry groups sue to stop Biden from banning medical debt on credit reports
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 regulation.
Consumers with medical debt stuck in the middle as ban from credit report faces lawsuit
With the new lawsuits, consumers with medical debt will be stuck in the middle but experts say there are options.
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 soon will be banned on credit reports
Americans won’t have to worry about unpaid medical bills damaging their credit reports and scores much longer.
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.
This Week In Credit Card News: Medical Debt To Be Eliminated From Credit Reports
Outstanding credit card and other revolving debt decreased $13.7 billion, the most since early in the pandemic, after surging a month earlier. Non-revolving credit, such as loans for vehicle purchases and school tuition,
New Biden rule would remove nearly $49B in medical debt from millions of credit reports
The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.
Medical debt to be stripped from credit reports by federal rule. What to know
With a new rule from the Consumer Financial Protection Bureau, you could find it easier to get a loan even with medical debt.
CFPB finalizes rule barring medical debt from credit reports
The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on credit reports, potentially freeing up billions in credit. The finalized
New Biden rule would remove medical debt from millions of credit reports
The Biden Administration announced an initiative Tuesday to remove an estimated $49 billion in medical debt from credit reports.
Industry groups sue over Biden ban on medical debt from credit reports
Harvard University has hired another law firm to help it navigate a U.S. House investigation into its response to claims of ...
Americans Are Struggling With Debt And Fear It's Affecting Their Financial Wellbeing
The majority of households in the U.S. report having some type of debt and more than half are concerned about the long-term ...
MLive- Flint/Saginaw/Bay City on MSN4d
$50K in stimulus funds being used to erase medical debts for thousands of Flint residents
Council members voted unanimously to reallocate the American Rescue Plan Act funds during a special meeting on Wednesday, Jan ...