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Should Medical Debt Be Excluded from Credit Reports? The CFPB Thinks So | JD Supra
JD Supra· 1 day agoThe Consumer Financial Protection Bureau (“CFPB”) is poised to take medical debt off the table for creditors when evaluating a consumer’s eligibility...
Wall Street Journal: The cost of forgiving medical debt
Herald & Review· 2 days agoThe Biden administration is canceling student loans and easing mortgage payment terms. Now the...
Medical debt may come off credit reports soon, helping Americans qualify for more financial products
FOX Business· 2 days agoThe Consumer Financial Protection Bureau (CFPB) just proposed a rule that would eliminate medical...
CFPB issues proposal to prohibit use of medical debt information in credit decisions | JD Supra
JD Supra· 4 days agoThe proposal would also generally prohibit consumer reporting agencies (CRAs) from including medical debt information on...
What Is a Credit Report?
US News & World Report· 5 days agoA credit report is essentially a financial report card that outlines how well you have managed debt. When you apply for a loan, lenders typically review your credit ...
Global credit agency Moody's deals blow to Warrington council
BBC News· 5 days agoA respected international credit ratings agency has pulled its rating of a heavily indebted Cheshire...
CFPB Aims to End the Use of Medical Debt Information in Making Credit Determinations and in Credit ...
The National Law Review· 3 days agoOn June 11, 2024, the Consumer Financial Protection Bureau (CFPB) published a Notice of Proposed Rulemaking (NPRM) to ban the inclusion of medical bills in consumer credit reports.
TV Tech’s Weekly Product News Wrap-Up
TV Technology via Yahoo News· 10 hours agoNEP Group has acquired 10 new Sony MLS-X1 Live Switchers, bringing the video production facilities company’s total to 31, Sony is reporting. The Society...
IRS Eases Research Credit Proposal Amid Industry Pushback
Bloomberg Law· 16 hours agoThe IRS released a draft form for the research credit Friday—walking back some of the stricter reporting requirements it had proposed last year after receiving comments from taxpayers.
CFPB bans medical debt in credit reporting decisions | JD Supra
JD Supra· 4 days agoOn June 11, the CFPB released a proposed rule to ban obtaining or using medical information for credit eligibility determinations. Specifically, the proposed rule would amend ...