New Rule Erases Medical Debt From Credit Reports

CFPB sued for exceeding its authority on medical debt rule
Two trade groups filed a lawsuit against the Consumer Financial Protection Bureau claiming it exceeded its authority and ignored the legislative history on medical debts.
CFPB Finalizes Rule Removing Medical Debt From Credit Reports
The agency estimated the rule will remove more than $49 billion in medical bills from the credit reports of about 15 million Americans.
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 pervasive antisemitism on campus, weeks after mounting criticism helped spur the resignation of Harvard president Claudine Gay.
Medical Debt Struck From Credit Reports in Final CFPB Rule (1)
Most medical debt will be scrapped from consumer credit reports under a final US rule implementing a Biden administration priority, but Republican lawmakers and the credit reporting industry will likely push to overturn the changes.
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 medical bills from
New Rule Erases Medical Debt From Credit Reports: What It Means For You
If you have any medical debt, you’ll be glad to know it will no longer appear on your credit report. On Tuesday, the Consumer Financial Protection Bureau (CFPB) announced the finalization of a rule that will remove an estimated $49 billion in medical bills from the credit reports of approximately 15 million people nationwide.
Biden administration bars medical debt from credit scores
The rules ban credit agencies from including medical debts on consumers' credit reports and prohibit lenders from considering medical information in assessing borrowers.
Medical debt will no longer impact your credit under new federal rule
A new federal rule prevents medical debt from counting against Americans seeking credit for a variety of purposes. Finalized Tuesday by the Consumer Financial Protection Bureau (CFPB), the rule bans the inclusion of medical debt on credit reports while also prohibiting lenders from considering medical information in their approval decisions.
Medical debt to be removed from credit reports
Unpaid medical bills will no longer affect credit scores after the Consumer Financial Protection Bureau on Tuesday finalized a rule to remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.
Debt collectors sue the CFPB for 'overreach' on medical debt
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 debt rule is outside its authority.
Experian credit bureau sued for allegedly failing to properly probe consumer complaints
Experian was sued by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to ...
CFPB sues Experian over "sham investigations" into consumer complaints
Experian accused of violating Fair Credit Reporting Act by reinserting disputed information back into credit reports.
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CFPB Clarifies Employers’ Obligations When Using Background Dossiers and Algorithmic Scores in Employment Decisions
It’s long been an open secret that employers often review the consumer reports of job candidates when conducting background ...
Experian accused of failing to properly investigate consumer disputes
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