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Medical debt remains on credit reports
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· 19h
· on MSN
Federal judge halts CFPB rule to remove medical debt from credit reports
The ruling targets a Consumer Financial Protection Bureau rule that would have removed medical debt from 15 million credit reports.
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· 1d
Federal Judge Strikes Down Biden Rule to Wipe $49B in Medical Debt
Consumer groups and the American Medical Association contend that medical debt is a poor predictor of loan repayment ability, often stemming from one-time hospital stays or billing errors.
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Healthcare Dive
2d
Judge nixes Biden-era rule removing medical debt from credit reports
It’s a victory for the credit reporting industry and a loss for advocates of reducing medical debt. The Trump administration had declined to defend the rule in court.
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