CFPB announces final rule to remove medical bills from credit reports
The Consumer Financial Protection Bureau said on Tuesday it has finalized a rule that will remove medical bills from credit reports.
CFPB unveils rule to erase medical debt from credit reports
The amendment to Regulation V is expected to raise the number of mortgage approvals by about 22,000 loans per year.
CFPB finalizes rule barring medical debt from credit reports
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
Biden Administration Moves to Ban Medical Debt From Credit Reports
The future of the new rule remains in question, however, with President-elect Donald J. Trump set to return to the White House this month.
Medical Debt Struck From Credit Reports Under Final CFPB Rule
Most medical debt will be scrapped from consumer credit reports under a final US rule implementing a Biden administration priority, but Republican lawmakers and the credit reporting industry will likely push to overturn the changes.
Biden administration bars medical debt from credit scores
The rules ban credit agencies from including medical debts on consumers’ credit reports and prohibit lenders from considering medical information in assessing borrowers.
Biden administration finalizes rule to strike medical debt from credit reports
U.S. consumers will no longer have medical debt appear on their credit reports under to a new rule the CFPB finalized Tuesday.
Kamala Harris Announces Ban on Medical Debt From Appearing on Credit Reports
The Consumer Financial Protection Bureau rule will remove $49 billion in medical debt from the credit reports of more than 15 million Americans, according to the bureau, which means lenders will no longer be able to take that into consideration when deciding to issue a loan.
Biden administration bans unpaid medical bills from appearing on credit reports
The Consumer Financial Protection Bureau rule will remove $49 billion in medical debt from the credit reports of more than 15 million Americans, according to the bureau.
Court orders UnitedHealth companies to pay millions to Mass. consumers
A Suffolk Superior Court order called the deceptive conduct of three UnitedHealth Group insurance companies "particularly ...
CFPB Clarifies Employers’ Obligations When Using Background Dossiers and Algorithmic Scores in Employment Decisions
It’s long been an open secret that employers often review the consumer reports of job candidates when conducting background ...
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Consumer Commissions Have Inherent Power To Stay Execution Of Order Under Challenge On Appellant's Application: Kerala High Court
The Kerala High Court (on January 06) observed that though, under the Consumer Protection Act, there is no provision to stay ...
Georgia’s Kratom Consumer Protection Act Takes Effect, Protecting Consumers Through Age Restrictions, Product Guidelines and Retail Regulations
KCPA acknowledges not all kratom is the same; sets limits on 7-hydroxymitragynine prohibiting untested products known as ‘7’ ...
Lindsay Automotive dealers hit with consumer protection charges by Maryland AG
A Ford dealership in Wheaton, Md. and a Chevy dealer in Woodbridge, Va., both operated by Lindsay Automotive Group, were ...
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Fines increasing for breaking Quebec Consumer Protection Act
Quebec’s consumer protection office (OPC) will begin imposing increased fines for merchants or individuals in the province ...
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Kentucky’s Consumer Privacy Law Is Coming, But on a Slow Track
To round out this year’s series on new state consumer privacy laws, we are covering the statute passed by Kentucky earlier this year. Please also ...
New consumer protection laws in New York: What you need to know
"New Yorkers should never have to worry about their personal information being misused or falling into the wrong hands." ...