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Biden administration to ban medical debt from Americans' credit scores

Summary by Ground News
Creditors would be barred from including medical debt and collection information on credit reports. Debt collectors would no longer be able to use the listing of medical debt as leverage. The Consumer Financial Protection Bureau expects to issue a proposed rule next year. Medical debt has lowered people's credit scores, which affects their ability to buy a home.

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  • 67% of the sources are Center
67% Center
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WAAY-TV broke the news in Huntsville, United States on Thursday, September 21, 2023.
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