Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...

A new federal rule prevents medical debt from counting against Americans seeking credit for a variety of purposes.

A new Consumer Financial Protection Bureau rule means consumers’ hospital and doctor bills can no longer weigh down their ...

Credit-reporting companies and debt collectors have previously opposed the policy, which could face political and legal ...

The finalized rule will prevent medical bills from being included on credit reports used by lenders and will prohibit lenders ...

The move, which comes less than two weeks before President-elect Donald Trump is set to take office, represents a challenge ...

The ruling by the Consumer Financial Protection Bureau could help lift credit scores, but it may face legal challenges.

However, Deal cautions that the removal of medical debt from credit reports does not absolve individuals from responsibility. “You are still liable for the debt,” she emphasized. “Creditors can still ...

Most medical debt will be scrapped from consumer credit reports under a final US rule implementing a Biden administration ...

The Consumer Financial Protection Bureau (CFPB or Bureau) finalized a rule aimed at removing an estimated $49 billion in ...

The Consumer Financial Protection Bureau finalized a rule that would remove medical bills from credit reports and prevent ...

The agency estimated the rule will remove more than $49 billion in medical bills from the credit reports of about 15 million ...