Federal judge reverses rule that would have removed medical debt from credit reports

Judge Blocks New Rule to Keep Medical Debt Off Credit Reports

A federal judge in Texas removed a Biden-era finalized rule by the Consumer Financial Protection Bureau that would have removed medical debt from credit reports. US District Judge Sean Jordan of Texas' Eastern District, who was appointed by Trump, found on Friday that the rule exceeded the CFPB's authority, the...

Federal judge reverses rule to remove medical debt from credit reports

NEW YORK — A federal judge in Texas removed a Biden-era finalized rule by the Consumer Financial Protection Bureau that would have removed medical debt from credit reports.

Judge reverses rule that would have removed medical debt from credit reports

U.S. District Court Judge Sean Jordan of Texas' Eastern District found that the rule exceeded the Consumer Financial Protection Bureau's authority.

Your credit score could be negatively impacted by this controversial court ruling about medical debt

Last Friday, a federal judge axed a Biden-era rule from the Consumer Financial Protection Bureau (CFPB) that would have prohibited consumer credit reporting agencies from including certain medical debts on consumer credit reports.  The CFPB rule amended a Fair Credit Reporting Act (FCRA) regulatory exception that allowed creditors to obtain and use information on medical debts. The rule had been finalized shortly before the Biden administration …

Medical debt remains on credit reports after Biden-era rule tossed by judge

Consumers were dealt a blow after a federal judge in Texas voided a Biden-era rule that would ban the inclusion of medical debt on credit reports.

Get the Facts: Medical debt remains on credit reports after judge blocks Biden-era rule

A federal judge has blocked a Biden administration rule that would have removed medical debt from credit reports, affecting millions of Americans' credit scores and borrowing power.