The Consumer Financial Protection Bureau's (CFPB) new rule aims to eliminate medical debt from credit reports, potentially ...
With this new ruling, the CFPB hopes to remove the economic barriers that medical debt creates for many Americans. The rule has two main parts: Medical bills are banned from credit reports.
President Donald Trump's day-one executive order freezing regulations could affect several rules on consumer finances that ...
The Consumer Financial Protection Bureau’s (CFPB) new rule banning medical debt from credit reports could see a delay and further reconsideration.
In a groundbreaking move, the Consumer Financial Protection Bureau (CFPB) has approved a regulation that will exclude medical ...
On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) published a final Rule (the “Rule”) that prohibits ...
Finalized on January 7, a new rule from the Consumer Financial Protection Bureau (CFPB) prohibits credit reporting agencies from including medical debt information in the credit reports and scores ...
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 ...
A new Consumer Financial Protection Bureau rule means consumers’ hospital and doctor bills can no longer weigh down their credit scores.
Many of these people carry medical debt despite having some form of health insurance. The CFPB said some of the past-due balances are actually erroneous, reflecting amounts already paid or greatly ...
Amid a regulatory push ahead of the White House transition, the Consumer Financial Protection Bureau (CFPB) unveiled a new rule on Tuesday to eliminate medical debt from credit reports.
Banning consumer reporting agencies from including medical debt on credit reports sent to lenders will also help stop lenders from using credit reports to force bill payments, the CFPB said.