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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 ...
In a win for credit bureaus and debt collectors, medical debt will be allowed to stay on your credit report after all. Last ...
The CFPB pushed further, however, finalizing a rule in early January barring all medical debt from influencing people’s ...
CFPB research has indicated that medical debt on credit reports is “a poor predictor” of whether a person will repay a loan, ...
Texas judge rules CFPB lacked authority to bar medical debt from credit files Decision preserves lenders’ ability to consider ...
A federal judge in Texas eliminated a Biden-era Consumer Financial Protection Bureau rule barring medical debt from credit ...
On July 11, the U.S. District Court for the Eastern District of Texas vacated the CFPB’s Medical Debt Rule, concluding that the rule exceeded ...
In its recent outline, the CFPB is considering proposing to: (1) revise Regulation V, such that creditors are prohibited from obtaining or using medical debt collection information to make ...
The rule would have removed more than $49 billion in medical bills from the credit reports of about 15 million Americans, the ...
Finance companies can continue to make lending decisions based on information about medical bills contained in consumer credit reports, a judge rules.
The three national credit reporting agencies — Experian, Equifax, and TransUnion — announced last year that they would remove ...