A new Consumer Financial Protection Bureau rule means consumers’ hospital and doctor bills can no longer weigh down their ...

Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...

The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million ...

The rules ban credit agencies from including medical debts on consumers' credit reports and prohibit lenders from considering ...

Two trade groups filed a lawsuit against the Consumer Financial Protection Bureau claiming it exceeded its authority and ...

The Consumer Financial Protection Bureau (CFPB or Bureau) finalized a rule aimed at removing an estimated $49 billion in ...

Credit-reporting companies and debt collectors have previously opposed the policy, which could face political and legal ...

Debt collectors sued in Texas federal court to block the Consumer Financial Protection Bureau’s ban on medical debt in credit ...

However, Deal cautions that the removal of medical debt from credit reports does not absolve individuals from responsibility. “You are still liable for the debt,” she emphasized. “Creditors can still ...

A trade group representing consumer credit reporting companies and a Texas-based credit union association have filed a ...

Unpaid medical debt is the largest source of debt in the United States, but it will no longer appear on credit reports, ...

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 rule ...