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The ruling targets a Consumer Financial Protection Bureau rule that would have removed medical debt from 15 million credit ...
A federal judge in Texas removed a Biden-era finalized rule by the Consumer Financial Protection Bureau that would have ...
Earlier this month, the United States District Court for the Eastern District of Texas approved a consent judgment vacating the Consumer ...
Consumers were dealt a blow after a federal judge in Texas voided a Biden-era rule that would ban the inclusion of medical ...
A federal judge blocked a rule from the Consumer Financial Protection Bureau that would have stopped medical bills from ...
Worsening a patient's credit can prevent them from getting a job, renting an apartment, or even paying their outstanding ...
An estimated one-fifth of U.S. households have medical debt on their credit reports, a burden that makes it more expensive ...
CFPB research has indicated that medical debt on credit reports is “a poor predictor” of whether a person will repay a loan, ...
CFPB research has shown that medical debts aren't an accurate measure of a potential borrower's ability to repay other debts, and the number of incorrect medical bills is staggering.
A 2014 CFPB study found that eliminating medical debt from records would lead to the approval of approximately 22,000 additional affordable mortgages every year and boost credit scores by an ...
The CFPB estimates that removing medical debt from credit reports would also lead to approvals for an additional 22,000 mortgages a year with little risk of default.
The rule would have removed more than $49 billion in medical bills from the credit reports of about 15 million Americans, the ...