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JD Supra: CFPB Casts Larger Net over Credit Data Brokers, Furnishers, and Reporting Agencies.
JD Supra· 16 hours agoIn an effort to make an impact, the Consumer Financial Protection Bureau (“CFPB”) is making strides in the consumer credit industry, focusing on oversight over its players ...
New CT law prohibits health care providers from reporting medical debt for use in credit reports
Hartford Courant· 18 hours agoA law that prohibits health care providers and hospitals in Connecticut from reporting a patient’s...
New Legislation Would Cancel Americans' Medical Debt
newser· 8 hours agoIt would alter the Fair Debt Collection Practices Act to keep creditors from collecting old medical bills and change the Consumer Credit Reporting ...
Bernie Sanders announces bill to ‘cancel all medical debt’ — here’s his plan
Moneywise via Yahoo Finance· 2 days agoThe bill further proposes amending the Fair Debt Collection Practices Act to prevent creditors from...
Medical Debt Shows Up Less Often on Credit Reports
New York Times· 7 days agoEquifax, Experian and TransUnion — changed how that debt was reported, a federal watchdog agency said this week. Rohit Chopra, the bureau’s director, said in a statement that ...
Does closing a bank account hurt your credit score?
Yahoo Personal Finance· 2 days agoA collection agency may opt to report your unpaid debt to one or more of the major credit bureaus. At that point, a collection account could appear on...
CFTC goes all in on fight over political betting
Politico· 41 minutes agoThe bills target the SEC’s Consolidated Audit Trail system and the agency’s mandate for cost-benefit analysis. First in MM — WARREN PRESSES JUDICIARY OVER...judicial ethics ...
New law will prohibit medical debt from being reported to creditors
NBC Connecticut· 18 hours agoThe governor has signed legislation that will prohibit health-care providers and hospitals in...
Vermont Sen. Bernie Sanders backs bill eliminating medical debt
The Republican· 2 days agoSenate and House, is sponsoring a bill that would wipe out the approximately $220 billion in medical...
...Supra: CFPB Annual Report Sees Continued Increase in ConsumerReporting Complaints and Complaints...
JD Supra· 5 days agoAccording to the report, the most-complained-about consumer financial product and service categories in 2023 were consumer reporting (79%), debt collection (7%), ...