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The ruling targets a Consumer Financial Protection Bureau rule that would have removed medical debt from 15 million credit ...
A federal judge in Texas removed a Biden-era finalized rule by the Consumer Financial Protection Bureau that would have ...
Earlier this month, the United States District Court for the Eastern District of Texas approved a consent judgment vacating the Consumer ...
A federal judge blocked a rule from the Consumer Financial Protection Bureau that would have stopped medical bills from ...
The CFPB pushed further, however, finalizing a rule in early January barring all medical debt from influencing people’s ...
An estimated one-fifth of U.S. households have medical debt on their credit reports, a burden that makes it more expensive ...
Consumers were dealt a blow after a federal judge in Texas voided a Biden-era rule that would ban the inclusion of medical ...
CFPB research has indicated that medical debt on credit reports is “a poor predictor” of whether a person will repay a loan, ...
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 ...
Under the Biden administration, the Consumer Financial Protection Bureau finalized a rule barring medical debt from appearing on credit reports. Now, the agency is siding with the credit industry ...
The CFPB estimates that removing medical debt from credit reports would also lead to approvals for an additional 22,000 mortgages a year with little risk of default.
The rule would have removed more than $49 billion in medical bills from the credit reports of about 15 million Americans, the ...