CFPB finalizes rule barring medical debt from credit reports

By The Hill | Created at 2025-01-07 10:16:08 | Updated at 2025-01-08 10:54:58 1 day ago

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 rule will prevent medical bills from being included on credit reports used by lenders and will prohibit lenders from using medical information in their decision-making. The CFPB…

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