Unpaid medical debt will no longer affect credit scores, according to a new rule from Biden administration regulators who want to mitigate the financial repercussions of those bills.

A new Consumer Financial Protection Bureau rule means consumers’ hospital and doctor bills can no longer weigh down their credit scores.

The Consumer Financial Protection Bureau has finalized a rule to keep medical bills off of consumers’ credit reports.

The CFPB estimates credit scores could jump by up to 20 points when medical debt disappears from reports. That impact can be ...

Opposition is quickly forming against the Biden administration’s rule to ban medical debt from appearing on consumers’ credit ...

Medical debt should not be on credit reports. Biden is banning it.

While an overwhelming majority of Missouri votes voted against her, Vice President Kamala Harris has ensured that state ...

BISMARCK, N.D. (KFYR) - The Biden Administration finalized a new rule Tuesday that would erase medical debt from credit reports.

The average credit card debt in Ohio increased to about $6,300 in the third quarter of 2024, and about a quarter of credit cards used in the Buckeye State were delinquent during that same time, a new ...

Now appearing on 15 million Americans credit report is $49 billion in medical debt. But that’s set to change. Soon, medical debt will no longer appear on a credit report. That’s thanks to a new ...

The short answer is yes, most collections debt can be eliminated through bankruptcy, but the type of bankruptcy you file ...

So if pending medical debt doesn't factor into a credit score, how far can people go when staring down a stack of doctors' bills? Can they simply not pay them? Credit-reporting trade groups are ...