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A federal judge has overturned a Biden-era rule that kept $49B in medical debt off of millions of people's credit scores, potentially harming their ability to obtain credit and buy a home.
By Stacy M. Brown Black Press USA Senior National Correspondent A Trump-appointed federal judge has blocked a key rule that would have removed medical debt from the credit reports of roughly 15 ...
Ariel Levinson-Waldman started the nonprofit Tzedek D.C. in 2017 with a wide variety of services for residents in D.C., ...
CFPB research has indicated that medical debt on credit reports is “a poor predictor” of whether a person will repay a loan, ...
As Michigan remains without a budget deal for the upcoming fiscal year, Michigan Gov. Gretchen Whitmer, Lt. Gov. Garlin ...
Medical debt is the largest source of debt in collection in the United States, and it’s more likely to be held by women, people with disabilities and Black Americans.
On Tuesday, Vice President Kamala Harris announced that that medical debt will no longer be included in consumer credit reports, which could help millions of African Americans improve their ...
While highlighting the new rule, Harris spotlighted a Black couple in Atlanta who saw their credit score drop due to medical debt.
New CFPB rule removes medical debt from credit reports, impacting 15 million Americans. The rule aims to improve credit scores and increase mortgage approvals.
The rule will block medical debt from appearing on the credit reports of 15 million Americans.
A bill that proposed banning medical debt from appearing on credit reports has been signed by the governor of Washington.