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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 Consumer Financial Protection Bureau (CFPB) rule that would have removed such ...
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MiBolsilloColombia on MSNJudge blocks CFPB rule: Medical debt will stay on credit reportsA judge blocked a CFPB rule to erase medical debt from credit reports, leaving 15 million consumers with bills that could hurt their credit.
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 ...
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 ...
A federal judge has granted trade associations and the Trump administration’s request to vacate a Consumer Financial ...
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.
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