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 ...
What happens if you don’t pay a medical bill, now that medical debt may not hurt your credit score?
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.
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.
$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.
CNN on MSN18d
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.
CNBC18d
New federal rule removes medical debt from credit reports
Americans with medical debt on their record could see their credit score rise by an average of 20 points as a result of the rule change, it added, and approximately 22,000 more mortgages will be ...
How your credit score could jump by as much as 20 points without you having to do anything
The CFPB estimates credit scores could jump by up to 20 points when medical debt disappears from reports. That impact can be ...
Opinion | Biden is banning medical debt from credit reports. That's excellent.
The Consumer Financial Protection Bureau's rule banning medical debt from credit reports is the right thing to do in every ...
Medical debt banned from credit reports, but experts encourage those who owe to pay what they can
Despite creditors being banned from considering medical debt for those looking to get a loan, experts say those who owe money ...
St. Louis American12d
Many Missourians will avoid medical debt credit woes
While an overwhelming majority of Missouri votes voted against her, Vice President Kamala Harris has ensured that state ...
Feds aim to enact rule similar to Minnesota banning medical debt from credit reports
LAKEVILLE, Minn. — A federal policy finalized last week by the Consumer Financial Protection Bureau (CFPB) will ban medical ...
$49B in medical debt wiped from credit reports
Millions of Americans could see a credit score boost thanks to a new rule banning medical debt from appearing on credit reports. According to the Consumer Financial Protection Bureau, the change will ...