With the new lawsuits, consumers with medical debt will be stuck in the middle but experts say there are options.
Two industry groups are suing to block the Biden Administration from banning medical debt from appearing on credit reports.
LAKEVILLE, Minn. — A federal policy finalized last week by the Consumer Financial Protection Bureau (CFPB) will ban medical ...
Biden's rule to ban medical debt from credit reports is facing lawsuits from industry groups and criticism from GOP lawmakers ...
The Consumer Financial Protection Bureau (CFPB) on Dec. 3 proposed a rule to rein in data brokers that sell Americans' ...
On January 7, 2025, the CFPB filed a lawsuit against a nationwide consumer reporting agency for violations of the Fair Credit Reporting Act.
On January 7, 2025, the CFPB announced the finalization of a rule amending Regulation V, which implements the Fair Credit Reporting Act (FCRA), 15 U.S.C. § 1681 et seq., to prohibit the inclusion of ...
The CFPB has sued Experian, claiming the company failed to properly investigate consumer credit report disputes.
There is an estimated $49 billion in unpaid medical bills from the credit reports of roughly 15 million Americans.
Consumer watchdog said new rule would lead to rising credit scores and an additional 22,000 low-cost mortgages annually.
The CFPB sues Experian for "sham investigations," alleging violations of FCRA and CFPA. Demands reforms and penalties.