Topic

Medical Debt

A collection of 10 issues

CFPB to Erase $49 Million in Medical Debt for 15 Million Americans

The CFPB's new rule will eliminate $49 million in medical debt from credit reports, benefiting 15 million Americans. Discover how this affects one in five Americans with medical debt.

CFPB Rule Boosts Credit Scores by Excluding Medical Debt

The CFPB's new rule bans lenders from using unpaid medical bills in loan evaluations, potentially raising credit scores by 20 points for millions. Discover more.

Equifax Excludes Medical Debt Under $500 from Credit Reports

Equifax now omits medical collections debt under $500 from credit reports, enhancing credit scores. Discover how this impacts your financial health.

TransUnion Removes Medical Debt from Credit Reports

TransUnion, a leading credit agency, is now removing medical debt from credit reports, enhancing credit scores for millions. Learn more about this impactful change.

Credit Bureaus Remove Small Medical Debts

Major credit bureaus Experian, Equifax, and TransUnion have eliminated medical collections under $500 from credit reports, improving credit scores for many.

New Rule to Erase $49 Billion in Medical Debt from Credit Reports

Discover how a new rule will eliminate $49 billion in medical debt from credit reports, positively impacting over 15 million Americans. Learn more about this significant financial relief.

Biden Administration Bans Medical Debt from Credit Reports

The Biden administration removes $49 billion in medical debt from credit reports, benefiting 15 million Americans. Discover the impact on credit scores and financial health.

Credit Agencies Reduce Medical Debt Impact on Scores

Discover how major credit reporting agencies have reduced medical debt's effect on credit scores, dropping affected adults from 16% to 5% between 2019 and 2023.

Enhanced Consumer Protection in Credit Reporting Targets Medical Debt

Explore the new consumer protection measures in credit reporting, focusing on medical debt. Learn how these changes impact your financial health.

CFPB Rule: Medical Debt Excluded from Credit Reports

Discover how the CFPB's new rule banning medical debt from credit reports could reshape lending practices and improve consumer credit access.