In its latest effort to minimize the impact of medical debt on consumers, the Biden administration proposed Tuesday banning such debt from credit reports.
The Biden Administration has proposed a rule that would ban medical debt from credit reports, a move that could help Americans boost their credit scores. Vice President Kamala Harris and Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra unveiled the proposal on Tuesday, June 11. The change would prevent lenders from considering medical information when […]
By banning medical debt from being included in credit reports, this proposed rule from the Biden administration aims to address increasing discontent over the economic burden that can go hand-in-hand with serious health problems.
The Biden Administration has proposed a rule that would ban medical debt from credit reports, a move that could help Americans boost their credit scores. Vice President Kamala Harris and Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra unveiled the proposal on Tuesday, June 11. The change would prevent lenders from considering medical information when […]
The Biden Administration has proposed a rule that would ban medical debt from credit reports, a move that could help Americans boost their credit scores. Vice President Kamala Harris and Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra unveiled the proposal on Tuesday, June 11. The change would prevent lenders from considering medical information when […]
The Biden Administration has proposed a rule that would ban medical debt from credit reports, a move that could help Americans boost their credit scores. Vice President Kamala Harris and Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra unveiled the proposal on Tuesday, June 11. The change would prevent lenders from considering medical information when […]
The Biden Administration has proposed a rule that would ban medical debt from credit reports, a move that could help Americans boost their credit scores. Vice President Kamala Harris and Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra unveiled the proposal on Tuesday, June 11. The change would prevent lenders from considering medical information when […]
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