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The ruling targets a Consumer Financial Protection Bureau rule that would have removed medical debt from 15 million credit ...
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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The College Investor on MSNMedical Debt Will Return To Credit Reports After Court RulingKey Points ・A Texas federal judge has blocked the CFPB's January 2025 rule that banned the inclusion of medical debt in ...
CFPB research has indicated that medical debt on credit reports is “a poor predictor” of whether a person will repay a loan, ...
Your credit score could be negatively impacted by this controversial court ruling about medical debt
In a win for credit bureaus and debt collectors, medical debt will be allowed to stay on your credit report after all.
The CFPB pushed further, however, finalizing a rule in early January barring all medical debt from influencing people’s ...
Texas judge rules CFPB lacked authority to bar medical debt from credit files Decision preserves lenders’ ability to consider ...
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 ...
The judge's decision vacated a rule imposed by the Biden administration earlier this year to keep medical debt from affecting ...
On July 11, the U.S. District Court for the Eastern District of Texas vacated the CFPB’s Medical Debt Rule, concluding that ...
Finance companies can continue to make lending decisions based on information about medical bills contained in consumer credit reports, a judge rules.
The rule would have removed more than $49 billion in medical bills from the credit reports of about 15 million Americans, the ...
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