Legislation to overturn medical debt rule draws blowback - ConsumerAffairs

Quick take Legislation to Overturn Medical Debt Rule: U.S. Senator Mike Rounds and Representative Ralph Norman introduced resolutions to overturn a C Trending Trending ... Read More

Congress must act quickly to overturn CFPB's medical debt rule

If Congress doesn't act quickly, an ill-advised rule finalized by the Consumer Financial Protection Bureau in the waning hours of the Biden administration will be a major problem for consumers, ... Read More

CFPB medical debt rule weighed - Yahoo Finance

Jordan is expected to rule on the matter by Aug. 11, the date his most recent stay of the CFPB’s medical debt rule expires. In April, the bureau asked Jordan to issue a consent judgment for ... Read More

How the CFPB's Medical Debt Rule Could Backfire - Yahoo Finance

On February 7, 2025, President Donald Trump appointed Russell Vought to head the Consumer Financial Protection Bureau (CFPB). Shortly after, Vought announced that he had notified the Federal ... Read More

CFPB finalizes rule barring medical debt from credit reports - MSN

The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on credit reports, potentially freeing up billions in credit. The finalized ... Read More

Medical debt may be returning to consumer credit reports

Key Points. Senate Republicans introduced a resolution to nullify a CFPB rule banning medical debt from credit reports. Critics say the rule exceeds the CFPB’s authority and could limit consumer ... Read More

New Rule Erases Medical Debt From Credit Reports: What It Means For You - Yahoo

If you have any medical debt, you’ll be glad to know it will no longer appear on your credit report. On Tuesday, the Consumer Financial Protection Bureau (CFPB) announced the finalization of a ... Read More

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

Medical debt may affect credit of 100 million Americans if CFPB rule is scrapped ... Congress is being asked to overturn it. ... senior attorney at the National Consumer Law Center. ... Read More

New rule wipes medical debt from consumer credit reports

The rule removes an estimated $49 billion in medical bills from about 15 million Americans' credit reports and bars lenders from using medical information in their lending decisions. Read More

CFPB Finalizes Rule Removing Medical Debt From Credit Reports

The rule targets the three largest credit reporting agencies—Equifax, Experian and TransUnion—that started removing medical debt under $500 from credit reports in 2023 after the CFPB started ... Read More