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.

The agency said the rule would remove $49 billion in medical debts from the credit reports of about 15 million Americans. It was adopted despite demands from Republicans in Congre

Change expected to "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 medical information in assessing borrowers.

Lenders soon won't be able to consider unpaid medical bills as a credit history factor when they evaluate potential borrowers in the U.S. for mortgages, car loans or business loans

With a new rule from the Consumer Financial Protection Bureau, you could find it easier to get a loan even with medical debt.