The change is estimated to raise the credit scores by an average of 20 points and could lead to 22,000 additional mortgages ...

Helping the millions of Americans who ran up bills because they were uninsured or couldn't cover out-of-pocket costs was one ...

A final rule from the Consumer Financial Protection Bureau will be a “game changer,” particularly for Black Americans, who ...

Vice President Kamala Harris announced a new regulation by the Consumer Financial Protection Bureau (CFPB) to remove medical ...

Debt forgiveness to a new twist from the outgoing Biden-Harris administration as a new final rule was announced impacting credit scores for millions of Americans. Leveling the […] ...

The Biden administration announced Tuesday it will be banning unpaid medical bills from appearing on credit reports. Vice ...

Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ...

The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.

In a major change that could affect millions of Americans' credit scores, the Consumer Financial Protection Bureau on Tuesday ...

The rule may still face challenges, from credit reporting agencies and debt collectors, as well as from Trump.

Americans owed a total of $220 billion in medical debt in February 2024, with approximately 14 million people (six percent of adults) indebted by more than $1,000. Around three million people (one ...

Today’s final rule will remove $49 billion in unpaid medical bills from the credit reports of 15 million Americans. In ...