CFPB research has indicated that medical debt on credit reports is “a poor predictor” of whether a person will repay a loan, but still “contributes to thousands of denied applications on mortgages that consumers would be able to repay,” the agency said at the time the Biden-era rule was finalized.

A federal judge in Texas removed a Biden-era finalized rule by the Consumer Financial Protection Bureau that would have removed medical debt from credit reports.U.S.

The ruling targets a Consumer Financial Protection Bureau rule that would have removed medical debt from 15 million credit reports.