Debt forgiveness to a new twist from the outgoing Biden-Harris administration as a new final rule was announced impacting credit scores for millions of Americans. Leveling the […] ...
The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.
Americans won’t have to worry about unpaid medical bills damaging their credit reports and scores much longer.
Unpaid medical bills will no longer appear on credit reports, according to a final rule announced Tuesday by the Biden administration.
In a parting shot from Joe Biden and Kamala Harris, medical debt will be banned from credit reports. Could this new policy be undone by Trump?
While highlighting the new rule, Harris spotlighted a Black couple in Atlanta who saw their credit score drop due to medical ...
The rule from the Consumer Financial Protection Bureau (CFPB) will remove $49 billion in medical debt for 15 million Americans, according to the White House.
The Biden administration announced Tuesday it will be banning unpaid medical bills from appearing on credit reports. Vice ...
The rule may still face challenges, from credit reporting agencies and debt collectors, as well as from Trump.
Helping the millions of Americans who ran up bills because they were uninsured or couldn't cover out-of-pocket costs was one of her big causes as vice president.
The Consumer Financial Protection Bureau said on Tuesday it has finalized a rule that will remove medical bills from credit ...