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Biden administration bans unpaid medical bills from appearing on credit reports

The Biden administration has finalized a rule banning unpaid medical bills from appearing on credit reports, impacting lending decisions in the U.S. For various loans according to the Consumer Financial Protection Bureau.
This new rule is expected to remove $49 billion in medical debt from 15 million Americans' credit reports, potentially raising their credit scores by an average of 20 points.
The rule aims to provide increased access to loans, leading to approximately 22,000 additional mortgage approvals each year, as stated by Vice President Kamala Harris.
Carrie Joy Grimes, founder of WorkMoney, described the decision as 'great news for everyday Americans,' emphasizing that medical debt does not reflect poor financial responsibility.

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American Wire News

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1 month ago

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NDTV

How Biden Saved About A Million Immigrants From Deportation Before Leaving

In a move that could potentially delay President-elect Donald Trump's plans to crack down on immigration, the Biden administration has extended Temporary Protected Status (TPS) for over 900,000 immigrants from Venezuela, El Salvador, Ukraine, and Sudan. This decision, announced just days before Trump's inauguration, grants these individuals a deportation reprieve and access to work permits for an additional 18 months. The move is seen as a strat…

1 month ago·New Delhi, India

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CLG News

Joe Biden’s Border Chief Grants Amnesty to 850,000 Migrants – CLG News

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1 month ago

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Schweizer Radio und Fernsehen (SRF)

US elections 2024 - Biden extends deportation protection for 900,000 migrants

The registration for the TPS program for Ukraine, Venezuela, El Salvador, Sudan has been extended by 18 months.

1 month ago·Zürich, Switzerland

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The Pennsylvania Daily Star

As Violent Venezuelan Gang Plagues US, Biden DHS Issues Deportation Protections for Migrants from Venezuela - The Pennsylvania Daily Star

The Biden administration rolled out deportation protections to nearly a million foreign nationals living in the United States, including hundreds of thousands of Venezuelans. More than 900,000 beneficiaries of Temporary Protected Status (TPS) will be allowed to register for an 18-month extension, the Department of Homeland Security (DHS) announced on Friday. The massive roll out — just days before President Joe Biden leaves office and President-…

1 month ago

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NBC News

Biden extends time in U.S. for 800K Venezuelans and Salvadorans as Trump readies immigration crackdown

The Department of Homeland Security also extended Temporary Protected Status to more than 103,000 Ukrainians and 1,900 Sudanese already living in the U.S.

1 month ago·United States

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