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A federal judge in Texas removed a Biden-era finalized rule by the Consumer Financial Protection Bureau that would have ...
The Trump administration joined with trade groups to ask a court to overturn a Biden-era rule that aimed to limit the impact ...
Unpaid medical bills are back on the table, which could mean lower credit scores for millions. A federal judge in Texas has struck down the Consumer Financial Protection Bureau’s (CFPB) new rule that ...
Millions of Americans could see their credit scores affected due to unpaid medical debt. The change comes after a judge’s ...
The ruling targets a Consumer Financial Protection Bureau rule that would have removed medical debt from 15 million credit ...
Consumers were dealt a blow after a federal judge in Texas voided a Biden-era rule that would ban the inclusion of medical ...
Americans’ unpaid medical bills will remain on their credit reports after a federal judge last week vacated a Biden-era ...
CFPB research has indicated that medical debt on credit reports is “a poor predictor” of whether a person will repay a loan, ...
The CFPB pushed further, however, finalizing a rule in early January barring all medical debt from influencing people’s ...
A federal judge recently ruled that the Consumer Financial Protection Bureau overstepped its authority in creating the rule, ...
Currently, paid medical bills don’t appear on credit reports or affect credit scores. In April 2023, unpaid medical bills with a starting balance of less than $500 were removed from reports. Also, as ...
Finance companies can continue to make lending decisions based on information about medical bills contained in consumer ...
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