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The ruling targets a Consumer Financial Protection Bureau rule that would have removed medical debt from 15 million credit ...
The CFPB pushed further, however, finalizing a rule in early January barring all medical debt from influencing people’s ...
On July 11, the U.S. District Court for the Northern District of Texas vacated the CFPB’s medical debt rule on the grounds that it exceeded ...
Unpaid medical bills are back on the table, which could mean lower credit scores for millions. A federal judge in Texas has ...
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Soy Aire on MSNFederal Judge Blocks CFPB Rule on Medical Debt: Implications for MillionsA federal judge has halted a CFPB rule aimed at removing unpaid medical debt from credit reports, impacting 15 million Americans. The decision underscores the ongoing debate over the role of medical ...
CFPB research has indicated that medical debt on credit reports is “a poor predictor” of whether a person will repay a loan, ...
The three national credit reporting agencies — Experian, Equifax, and TransUnion — announced last year that they would remove ...
On July 11, the U.S. District Court for the Eastern District of Texas vacated the CFPB’s Medical Debt Rule, concluding that the rule exceeded ...
Americans’ unpaid medical bills will remain on their credit reports after a federal judge last week vacated a Biden-era Consumer Financial Protection Bureau (CFPB) rule that would have removed such ...
Consumers were dealt a blow after a federal judge in Texas voided a Biden-era rule that would ban the inclusion of medical ...
Sen. Gallego and 29 Senators seek explanation from CFPB on its reversal to include medical debt in credit reports.
Finance companies can continue to make lending decisions based on information about medical bills contained in consumer credit reports, a judge rules.
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