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Bernie Sanders announces bill to ‘cancel all medical debt’ — here’s his plan
Moneywise via Yahoo Finance· 10 minutes agoThe bill further proposes amending the Fair Debt Collection Practices Act to prevent creditors from...
Does closing a bank account hurt your credit score?
Yahoo Personal Finance· 4 hours 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...
Medical Debt Shows Up Less Often on Credit Reports
New York Times· 5 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 ...
How to shop for a mortgage without hurting your credit score
Bankrate via AOL· 6 days agocredit score if needed. You’ll also be able to spot and fix any errors, putting you in the best...
‘Phantom debt’ from ‘buy now, pay later’ schemes is a $700 billion black hole that economists aren’t...
Fortune via Yahoo Finance· 6 hours agoWe have BNPL reporting mechanisms in place so providers can easily share account information, and...
Gen Z is sinking deeper into debt as higher costs for education and housing weigh it down, new data...
Fortune· 9 hours agoRising food prices and heavy student loan debt also factor in as young Americans are forced to tighten their belt by reducing expenses to their essentials. According to new data from
Vermont Sen. Bernie Sanders backs bill eliminating medical debt
The Republican· 2 hours agoSenate and House, is sponsoring a bill that would wipe out the approximately $220 billion in medical...
Eleventh Circuit Affirms Dismissal of FCRA Claims Since Alleged Inaccurate Information Was Not...
JD Supra· 6 days agoFinancial institutions, credit furnishers, debt collectors, and other businesses reporting consumer information to credit reporting ...
Fitch downgrades New York Community Bancorp to 'BB' on near-term earnings pressure
Reuters via Yahoo Finance· 24 hours agoThe ratings agency said the downgrade reflects its assessment that NYCB has a weaker earnings and...
CFPB Issues Findings on Recent Changes in Medical Collections on Consumer Reports | JD Supra
JD Supra· 7 days agoEarlier this week, the Consumer Financial Protection Bureau (CFPB or Bureau) released its second report detailing changes in the credit reporting of medical ...