Published 9 months ago • loading... • Updated 9 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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The McDowell News

Biden to take medical debt off credit reports

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.

9 months ago

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WLKY

+27 Reposted by 27 other sources

Biden administration proposes ban on medical debt in credit reports

The Biden administration aims to boost credit scores by removing medical debt from credit reports, a move that could impact 15 million Americans.

9 months ago·Louisville, United States

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PBS NewsHour

How banning medical debt from credit reports could help millions of Americans

By banning medical debt from being included in credit reports, this proposed rule from the Biden administration aims to address increasing discontent over the economic burden that can go hand-in-hand with serious health problems.

9 months ago·Washington, United States

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CTNewsJunkie.com

Biden Administration Advances Plan To Remove Medical Debt From Credit Scores

Americans would no longer have to worry about medical debt dragging down their credit scores under federal regulations proposed Tuesday by the Consumer Financial Protection Bureau.

Hampton Roads Messenger

Why Biden’s big move on medical debt and credit reports matters

Removing medical debt from consumer credit reports might not be a front-page story, but it's the latest example of the Biden administration helping consumers.

9 months ago·United States

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Mississippi Today

+4 Reposted by 4 other sources

New Biden administration rule would ban medical debt from credit reports

Originally published by The 19th Vice President Kamala Harris on Tuesday announced a new effort to ban medical debt from credit reports, something that would ease a burden that falls most heavily on women and Black people. “Medical debt makes it more difficult for millions of Americans to be approved for a car loan, a home loan or a small business loan, all of which in turn makes it more difficult to just get by, much less get ahead, and that i…

9 months ago

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