Kamala Harris Announces Ban on Medical Debt in Credit Reports
In a groundbreaking move, the Biden administration has unveiled a new rule that will prohibit unpaid medical bills from appearing on credit reports. Announced Tuesday, the policy aims to remove a significant barrier preventing millions of Americans from accessing mortgages,…
Medical Debt Could Soon Be Removed from Credit Reports
Medical bills may soon disappear from credit reports, thanks to a groundbreaking proposal from the Consumer Financial Protection Bureau (CFPB). Announced on Tuesday, the new rule seeks to prevent credit reporting companies from including medical debts in reports, effectively barring…