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.
Kamala Harris Announces Ban on Medical Debt From Appearing on Credit Reports
The Consumer Financial Protection Bureau rule will remove $49 billion in medical debt from the credit reports of more than 15 million Americans, according to the bureau, which means lenders will no longer be able to take that into consideration when deciding to issue a loan.
As Biden Nears Exit, US Bans Medical Debt From Credit Reports
Officials said the new regulation, adopted despite objections from the banking and consumer data industries, would remove $49 billion in medical bills from the credit reports of about 15 million Americans.
Biden admin finalizes rule to ban medical debt from credit reports
The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized a new rule banning medical debt from being included on credit reports. Why it matters: The policy will remove medical debt from about 15 million Americans' credit reports,
CFPB announces final rule to remove medical bills from credit reports
The Consumer Financial Protection Bureau said on Tuesday it has finalized a rule that will remove medical bills from credit reports.
Biden administration bans unpaid medical bills from appearing on credit reports
The Consumer Financial Protection Bureau rule will remove $49 billion in medical debt from the credit reports of more than 15 million Americans, according to the bureau.
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