Lenders will no longer be able to consider unpaid medical bills as a credit history factor when they evaluate potential ...

About 15 million Americans will see their credit reports cleared of medical debt under a new rule approved by the Consumer ...

On Jan. 7, the Biden administration announced a new rule that blocks medical debt from appearing on credit reports.

The Consumer Financial Protection Bureau sued the credit reporting agency alleging that if failed to investigate or correct ...

If you have problems with medical bills piling up on your credit report, a new federal rule could help you eliminate future medical debt from your credit reports.

With just weeks until president-elect Donald Trump takes office, the Biden Administration announced a final rule that will ...

The new rule will blot out an estimated $49 billion in unpaid medical bills from about 15 million Americans' credit reports.

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.

The federal Consumer Financial Protection Bureau on Tuesday issued new regulations barring medical debts from American credit ...

What Happened? On December 12, 2024, the Consumer Financial Protection Bureau (CFPB) issued its final “overdraft lending” rule aimed at ...

The CFPB said that medical debt is a poor predictor of an individual’s ability to repay a loan. Experian, Equifax and ...