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The three national credit reporting agencies — Experian, Equifax, and TransUnion — announced last year that they would remove medical collections under $500 from U.S. consumer credit reports. The CFPB ...
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NerdWallet on MSNThe CFPB is still standing … barely. But is it doing anything?By Rick VanderKnyff, NerdWallet “CFPB RIP” was Elon Musk’s tweet on Feb. 7, when the billionaire was slashing his way through federal agencies at the behest of his then-ally, President Donald Trump.
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Soy Aire on MSNFederal Judge Blocks CFPB Rule on Medical Debt: Implications for MillionsA federal judge has halted a CFPB rule aimed at removing unpaid medical debt from credit reports, impacting 15 million Americans. The decision underscores the ongoing debate over the role of medical ...
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 blocked a rule from the Consumer Financial Protection Bureau that would have stopped medical bills from ...
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 ...
A Biden-era measure to protect Americans from financial hardship by removing medical debt from credit reports has been axed by a federal judge in Texas.
A Texas federal judge has voided a Biden Administration CFPB rule that would have prohibited medical debt in credit reports. “The Bureau has no such power to define what in a consumer report is ...
A Texas federal judge reversed a Biden rule to remove $50M in medical debt from credit reports, affecting 15M Americans.
It’s a victory for the credit reporting industry and a loss for advocates of reducing medical debt. The Trump administration ...
WASHINGTON] A federal judge on Tuesday paused a lawsuit against the US Consumer Financial Protection Bureau that had sought ...
A Trump-appointed federal judge has blocked a Biden administration rule that would have removed medical debt from credit ...
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