What happens if you don’t pay a medical bill, now that medical debt may not hurt your credit score?
Unpaid medical debt will no longer affect credit scores, according to a new rule from Biden administration regulators who ...
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Trade Associations File Challenge to CFPB’s Rule on Medical Debt in Consumer Reports
The Consumer Financial Protection Bureau (CFPB or Bureau) finalized a rule aimed at removing an estimated $49 billion in ...
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Experian Faces CFPB Lawsuit Over Credit Report Errors
The Consumer Financial Protection Bureau (CFPB) has initiated legal proceedings against Experian, one of the leading credit reporting companies in the United States, over allegations of conducting ...
Unpaid medical bills no longer impact millions of Americans' credit scores
COLUMBUS, Ohio — In a significant move, the Biden administration has announced new rules that will prevent unpaid medical bills from affecting Americans' credit scores. This change is set to impact ...
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CFPB brings back sandbox program, but keeps competition emphasis
The bureau’s policies restore the no-action letter and sandbox designation, but feature some tweaks aimed at correcting past “shortcomings.” ...