New Biden rule would remove nearly $49B in medical debt from millions of credit reports
The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.
New Biden Administration Rule Removes Medical Bills From Credit Reports Used By Lenders
The rule will remove an estimated $49 billion in medical bills from the credit reports of millions of Americans.
Biden administration bans unpaid medical bills from appearing on credit reports
Unpaid medical bills will no longer appear on credit reports, where they can block people from mortgages, car loans or small business loans
Biden administration bars medical debt from credit scores
The rules ban credit agencies from including medical debts on consumers’ credit reports and prohibit lenders from considering medical information in assessing borrowers.
Biden Administration Moves to Ban Medical Debt From Credit Reports
The future of the new rule remains in question, however, with President-elect Donald J. Trump set to return to the White House this month.
Unpaid medical bills no longer impact millions of Americans' credit scores
COLUMBUS, Ohio — In a significant move, the Biden administration has announced new rules that will prevent unpaid medical bills from affecting Americans' credit scores. This change is set to impact millions of people across the country.
Credit groups sue Biden administration over banning medical debt from credit scores
There is an estimated $49 billion in unpaid medical bills from the credit reports of roughly 15 million Americans.
New Biden rule would remove medical debt from millions of credit reports
The Biden Administration announced an initiative Tuesday to remove an estimated $49 billion in medical debt from credit reports.
Medical debts will no longer be on credit reports. Here's when new rule takes effect
Change expected to "remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans."
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