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 CFPB’s proposed rule restricts the sale of Social Security numbers, income data, and other personal identifiers.
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.
A rule finalized this week bans outstanding medical debts from appearing on credit reports and prohibits lenders from using ...
The Consumer Financial Protection Bureau (CFPB or Bureau) finalized a rule aimed at removing an estimated $49 billion in ...
If you have any medical debt, you’ll be glad to know it will no longer appear on your credit report. On Tuesday, the Consumer Financial Protection Bureau (CFPB) announced the finalization of a rule ...
Trade groups file lawsuit against CFPB over new rule banning medical debt from credit reports, arguing it exceeds statutory authority.