The Trump administration joined with trade groups to ask a court to overturn a Biden-era rule that aimed to limit the impact ...

Unpaid medical bills are back on the table, which could mean lower credit scores for millions. A federal judge in Texas has ...

A federal judge has blocked a Biden rule issued by the Consumer Financial Protection Bureau banning medical debt. It's a win ...

CFPB research has indicated that medical debt on credit reports is “a poor predictor” of whether a person will repay a loan, ...

Finance companies can continue to make lending decisions based on information about medical bills contained in consumer credit reports, a judge rules.

A federal judge in Texas removed a Biden-era finalized rule by the Consumer Financial Protection Bureau that would have ...

Key Points Many Baby Boomers are retiring with debt. High-interest debt should ideally be paid off before retiring. Using the ...

Sen. Gallego and 29 Senators seek explanation from CFPB on its reversal to include medical debt in credit reports.

A Trump-appointed federal judge has blocked a key rule that would have removed medical debt from the credit reports of 15 million Americans, leaving millions of Americans vulnerable to financial ruin.

A federal judge recently ruled that the Consumer Financial Protection Bureau overstepped its authority in creating the rule, so medical debts will now remain on credit reports.

Judges and lawmakers have now reversed many of former President Joe Biden's attempts to restrict companies from practices his administration said hurt consumers.

Adding this competitor created by the big three credit bureaus likely means credit score prices will go up, not down.