The Consumer Financial Protection Bureau is taking steps toward removing all medical debt information from Americans’ credit reports, a move meant to help the millions of Americans whose credit scores drop after bills for expenses like unexpected hospital visits go unpaid.

While the information surrounding most unpaid medical debts has already been removed from credit reports by the three major reporting agencies — Equifax, Experian and TransUnion — the CFPB on Thursday announced plans for a rule- making process that would…

Source link

You May Also Like

Aaron Judge stays at 61 homers as Orioles beat Yankees 2-1

NEW YORK — Back in the Bronx, Aaron Judge had another sellout…

Video of Police Shooting Pregnant Black Woman to Be Released

Video of Police Shooting Pregnant Black Woman to Be Released | Time…

Arsonist torches Star-of-David tarp outside Jewish-Japanese in Brooklyn: NYPD

An arsonist set fire to two window tarps adorned with the Star…

Dow scores 11th day of gains, books longest win streak in six years

U.S. stocks closed higher, with the Dow posting its longest win streak…