CFPB, Medical Debt and Credit Reports

New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know
Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a new rule from the Consumer Financial Protection Bureau (CFPB) prohibits credit reporting agencies from including medical debt information in the credit reports and scores they provide to lenders.
CFPB sues Experian over ‘sham’ credit report investigations that harm consumers : “What more can I do?”
The consumer watchdog alleges the credit reporting giant conducted inadequate error reviews, potentially harming millions of Americans.
CFPB Finalizes Rule Removing Medical Debt From Credit Reports
The agency estimated the rule will remove more than $49 billion in medical bills from the credit reports of about 15 million Americans.
$49 billion in medical debt will be wiped off Americans' credit reports—what you need to know
The Consumer Financial Protection Bureau has finalized a rule to keep medical bills off of consumers’ credit reports.
CFPB issues rules to remove medical debt from consumer credit reports
Credit-reporting companies and debt collectors have previously opposed the policy, which could face political and legal challenges under incoming President Donald Trump.
CFPB Finalizes Rule Curbing Use and Reporting of Medical Debt
On January 7, 2025, the Consumer Financial Protection Bureau (CFPB) issued a final rule that would generally prohibit lenders from considering
Industry groups sue to stop Biden from banning medical debt on credit reports
Opposition is quickly forming against the Biden administration’s rule to ban medical debt from appearing on consumers’ credit reports, threatening the viability of what could be a popular regulation.
How removing unpaid medical bills from credit reports could help consumers
Lenders will no longer be able to consider unpaid medical bills as a credit history factor when they evaluate potential borrowers in the U.S. for mortgages, car loans or business loans. Here's what you need to know.
CFPB issues medical debt rule; regulation immediately challenged in federal court
The CFPB has issued its  final rule that will prohibit the inclusion of medical debts in credit reports lenders use to make credit decisions and
CFPB Proposes Rule to Regulate Data Brokers Selling Sensitive Information
In today's digital landscape, data brokers are like modern-day gold miners, sifting through the intimate details of our lives ...
CFPB Proposes Rule to Stop Data Brokers from Selling Sensitive Personal Data
The CFPB’s proposed rule restricts the sale of Social Security numbers, income data, and other personal identifiers.
Digital Transactions22h
A CFPB Study Weighs in on the Buy Now, Pay Later Trend
The CFPB cites differences between the repayment schedules for BNPL loans, which typically require the loan to be repaid in ...
American Banker6d
CFPB sued for exceeding its authority on medical debt rule
Two trade groups filed a lawsuit against the Consumer Financial Protection Bureau claiming it exceeded its authority and ...