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The ruling targets a Consumer Financial Protection Bureau rule that would have removed medical debt from 15 million credit ...
Americans’ unpaid medical bills will remain on their credit reports after a federal judge last week vacated a Biden-era ...
Consumers were dealt a blow after a federal judge in Texas voided a Biden-era rule that would ban the inclusion of medical ...
By Stacy M. Brown Black Press USA Senior National Correspondent A Trump-appointed federal judge has blocked a key rule that would have removed medical debt from the credit reports of roughly 15 ...
A federal judge has granted trade associations and the Trump administration’s request to vacate a Consumer Financial ...
CFPB research has indicated that medical debt on credit reports is “a poor predictor” of whether a person will repay a loan, ...
On July 11, the U.S. District Court for the Eastern District of Texas vacated the CFPB’s Medical Debt Rule, concluding that ...
The Biden-era CFPB, under former Director Rohit Chopra, said that the rule would erase $49 billion in medical debt from credit reports for about 15 million people.
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.The ...
The rule would have removed more than $49 billion in medical bills from the credit reports of about 15 million Americans, the ...
The three national credit reporting agencies — Experian, Equifax, and TransUnion — announced last year that they would remove ...
Finance companies can continue to make lending decisions based on information about medical bills contained in consumer credit reports, a judge rules.