Published 2 months ago

Biden administration moves to ban medical debt from credit reports

Vice President Kamala Harris emphasized the importance of not denying economic opportunities due to medical emergencies during a conference call.
Harris highlighted that this rule would affect eligibility for car loans, home loans, and apartment leases, potentially benefiting many individuals.
The planned rule aims to ensure fair access to economic opportunities for those who have experienced medical emergencies, as stressed by Vice President Kamala Harris.

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Associated Press News

Biden administration seeks to wipe consumer medical debt off most credit reports with proposed rule

The Biden administration is pushing to prevent medical debt from being considered in most decisions made over whether someone qualifies to rent an apartment, buy a car or take on a mortgage.

2 months ago·United States

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abc News

In sweeping change, Biden administration to ban medical debt from credit reports

The rule could go into effect sometime next year, CFPB Director Rohit Chopra told ABC News in an exclusive interview ahead of the policy announcement.

2 months ago·United States

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CNN

Biden administration proposes banning medical debt from credit reports

In its latest effort to minimize the impact of medical debt on consumers, the Biden administration proposed Tuesday banning such debt from credit reports.

2 months ago·Atlanta, United States

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The Washington Post

Biden proposes to ban medical debt from credit reports, loan decisions

The draft rules, arriving less than five months before Election Day, are part of President Biden’s argument that he is addressing pocketbook problems.

2 months ago

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CBS News

Biden administration to bar medical debt from credit reports

New regulation could potentially help millions of Americans land a job, rent an apartment or qualify for a car loan.

2 months ago

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KVIA

Biden administration seeks to wipe consumer medical debt off most credit reports with proposed rule

By TOM MURPHY AP Health Writer The Biden administration is pushing to prevent medical debt from being considered in most decisions made over whether someone qualifies to rent an apartment, buy a car or take on a mortgage. The Consumer Financial Protection Bureau says it is planning a rule that would remove medical bills from most credit reports and prevent lenders from making decisions based on medical information. The proposed rule also would p…

2 months ago·Panama City, United States

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