Legislation to overturn medical debt rule draws blowback

Legislation to Overturn Medical Debt Rule: U.S. Senator Mike Rounds and Representative Ralph Norman introduced resolutions to overturn a Consumer Financial Protection Bureau (CFPB) rule that removes ... Read More

Medical debt may affect credit of 100 million Americans if CFPB rule is scrapped

The Consumer Financial Protection Bureau rule means that millions of Americans with unpaid medical bills will not face adverse credit decisions as a result, but a bill introduced Wednesday by Senator ... Read More

GOP Aims to Repeal CFPB Medical Debt Credit Report Ban (Correct)

Republican lawmakers are moving to eliminate a Biden-era Consumer Financial Protection Bureau rule barring medical debt from appearing on consumer credit reports. Read More

GOP lawmakers seek to repeal CFPB medical debt rule

S.D., has filed a Congressional Review Act resolution to repeal the Consumer Financial Protection Bureau's rule barring medical debt from credit reports. Read More

Medical debt rule's fate uncertain amid CFPB regulatory limbo | Dollars & Sense

The fate of the Consumer Financial Protection Bureau's new rules to exclude medical debt from credit reports is uncertain, impacting millions. Read More

How the CFPB's Medical Debt Rule Could Backfire

On February 7, 2025, President Donald Trump appointed Russell Vought to head the Consumer ... medical debt and credit reporting is a prime example. The CFPB first proposed this rule in summer ... Read More

Medical Debt, Overdraft Fee Rules Could Be Delayed by Trump Order

"Regulatory actions should be grounded in the law ... month also seek to overturn it. However, at least one consumer group was taking steps to defend the medical debt rule. Read More

Medical Debt Will Now Be Wiped From Credit Reports

The Consumer Financial Protection Bureau (CFPB) announced that it finalized a rule ... Law Center, said in a press release. While it’s a win for consumers that unpaid medical bills will no ... Read More

CFPB rule to remove medical bills from credit reports goes into effect March 17, but enforcement uncertain: Legally Speaking

New CFPB rules may erase $49 billion in medical debt from credit reports, boosting credit scores for 15 million Americans if enforcement proceeds. Read More

From credit cards to medical debt: What may happen to some key consumer protection rules under Trump

director of financial services at the Consumer Federation of America. And in mid-January, industry groups for credit bureaus and debt collectors sued to stop the rule. Capping credit card late ... Read More

A new CFPB rule would keep medical debt off credit reports. The Trump administration asks judge to pause rule

The consumer advocacy group Indivisible criticized the pausing of the rule ... CFPB said in its news release that it “will remove an estimated $49 billion in medical bills from the credit ... Read More