The CFPB's New Medical Debt Rule Will Do More Harm Than Good
If healthcare entities believe that people won't pay their medical bills at the margin, they'll likely raise prices.
Under Trump, Rule That Bars Medical Debt From Credit Reports Faces Challenges
The Biden administration issued a rule that would bar medical debt from being included on credit reports. Consumer advocates ...
American Banker13h
CFPB agrees to temporarily halt medical debt rule
The Consumer Financial Protection Bureau, now led by Treasury Secretary Scott Bessent, agreed to temporarily halt enforcement ...
What CFPB Halt Means for Medical Debt Forgiveness for Millions of Americans
The halt means the Consumer Financial Protection Bureau will cease crafting regulations or enforcing any rules or ...
Bill to remove medical debt from credit scores in Washington moves forward
State lawmakers are forwarding a bill that would change how medical debt impacts Washingtonians' credit scores. Senate Bill 5480 doesn’t erase medical debt completely but “Declares a medical debt void ...
Fierce Healthcare1d
Consumer Financial Protection Bureau shake-up leaves medical debt reform in limbo
The fate of a Biden-era rule that would keep medical debt from consumers’ credit reports is up in the air amid reported ...
'Don’t just do it a little' | Bill to tackle Indiana medical debt gets hearing in state senate
About 1 in 6 Hoosier families have medical debt in collections. A bill that hopes to help them has bipartisan support in the ...
Long Island Business News1d
New federal rule removing medical debt from credit reports: what to know
On Jan. 7, 2025, the Consumer Financial Protection Bureau announced a new rule banning medical debt from all credit reports.
Winston-Salem Journal1d
NC gains federal renewal of key funding source for medical debt relief, Medicaid expansion
A key federal funding commitment has been renewed that's at the heart of making possible North Carolina's ground-breaking ...
Texas Judge Delays US Medical Debt Rule Pending Trump Review (1)
Consumer credit reporting companies and debt collectors will have an extra three months to comply with a Biden-era Consumer ...
A medical billing error shouldn’t hurt your credit score
Reports of unpaid debt can tank an otherwise strong credit score. The new CFPB rule would change that for about 15 million ...
N.J. is retiring medical debt for another 20K residents. Can you expect a letter?
Since last August, New Jersey and Undue have partnered to eliminate more than $246 million in medical debt for an estimated ...