New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know
Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...
JD Supra22s
Trade Associations File Challenge to CFPB’s Rule on Medical Debt in Consumer Reports
The Consumer Financial Protection Bureau (CFPB or Bureau) finalized a rule aimed at removing an estimated $49 billion in ...
American Banker6h
CFPB rules, M&A standards most likely CRA repeal targets
While most of the Biden administration's prudential banking regulations can't be overturned under the Congressional Review ...
Morning Rush (Video) on MSN55m
Experian Faces CFPB Lawsuit Over Credit Report Errors
The Consumer Financial Protection Bureau (CFPB) has initiated legal proceedings against Experian, one of the leading credit reporting companies in the United States, over allegations of conducting ...
American Banker22h
CFPB sued for exceeding its authority on medical debt rule
Two trade groups filed a lawsuit against the Consumer Financial Protection Bureau claiming it exceeded its authority and ...
CFPB finalizes rule to remove medical debt from credit reports
The Consumer Financial Protection Bureau finalized a rule that would remove medical bills from credit reports and prevent ...
CFPB says green light for FDX to issue open banking standards
The U.S. CFPB approves FDX's application for open banking standards, impacting financial institutions and companies like ...
Digital Transactions2h
The CFPB Picks FDX for Oversight of U.S. Open Banking Standards
The CFPB recognized FDX as the standard-setting body under the bureau’s Personal Financial Data Rights rule. The final ...
What happens if you don't pay a medical bill, now that medical debt may not hurt your credit score?
Medical debt ought to be a different case because credit-score blemishes connected to health scares and unforeseen medical mishaps aren't a good gauge of a person's ability to repay other loans, CFPB ...
Biden administration finalizes rule on medical debt
The CFPB estimates $49 billion in medical bills will be removed from the credit reports of 15 million Americans under a new ...
Debt Collectors File New Challenge to CFPB Medical Debt Rule
Debt collectors sued in Texas federal court to block the Consumer Financial Protection Bureau’s ban on medical debt in credit ...