The move, which comes less than two weeks before President-elect Donald Trump is set to take office, represents a challenge ...
The Biden Administration announced an initiative Tuesday to remove an estimated $49 billion in medical debt from credit reports.
While highlighting the new rule, Harris spotlighted a Black couple in Atlanta who saw their credit score drop due to medical ...
Lenders soon won't be able to consider unpaid medical bills as a credit history factor when they evaluate potential borrowers ...
Americans won’t have to worry about unpaid medical bills damaging their credit reports and scores much longer.
About 15 million Americans will see their credit reports cleared of medical debt under a new rule approved by the Consumer ...
Most medical debt will be scrapped from consumer credit reports under a final US rule implementing a Biden administration ...
The CFPB has estimated that the new credit reporting rule will boost the credit scores of people with medical debt on their ...
We all get the same 365 days. The only difference is what we do with them.” In 2024 a lot of lenders buckled down every day.
Experian was sued by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to ...
Credit-reporting companies and debt collectors have previously opposed the policy, which could face political and legal challenges under incoming President Donald Trump.