fair credit reporting act, medical debt

Consumers with medical debt stuck in the middle as ban from credit report faces lawsuit
With the new lawsuits, consumers with medical debt will be stuck in the middle but experts say there are options.
Industry groups sue to stop Biden from banning medical debt on credit reports
Opposition is quickly forming against the Biden administration’s rule to ban medical debt from appearing on consumers’ credit reports, threatening the viability of what could be a popular regulation.
CFPB Finalizes Rule Removing Medical Debt From Credit Reports
The agency estimated the rule will remove more than $49 billion in medical bills from the credit reports of about 15 million Americans.
CFPB finalizes rule barring medical debt from credit reports
The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on credit reports, potentially freeing up billions in credit. The finalized
$49 billion in medical debt will be wiped off Americans' credit reports—what you need to know
The Consumer Financial Protection Bureau has finalized a rule to keep medical bills off of consumers' credit reports.
How removing unpaid medical bills from credit reports could help consumers
Lenders will no longer be able to consider unpaid medical bills as a credit history factor when they evaluate potential borrowers in the U.S. for mortgages, car loans or business loans. Here's what you need to know.
Experian accused of failing to properly investigate consumer disputes
A top watchdog agency for consumer finance has accused credit rating company Experian of failing to properly investigate ...
Experian credit bureau sued for allegedly failing to properly probe consumer complaints
Experian was sued by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to ...
CFPB Clarifies Employers’ Obligations When Using Background Dossiers and Algorithmic Scores in Employment Decisions
It’s long been an open secret that employers often review the consumer reports of job candidates when conducting background ...
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CFPB Sues Experian Accusing Credit Reporting Agency of 'Sham Investigations' in Consumer Dispute Process
The CFPB has sued Experian, claiming the company failed to properly investigate consumer credit report disputes.
CFPB Proposes Rule to Stop Data Brokers from Selling Sensitive Personal Data
The CFPB’s proposed rule restricts the sale of Social Security numbers, income data, and other personal identifiers.
CFPB sues Experian over "sham investigations" into consumer complaints
Experian accused of violating Fair Credit Reporting Act by reinserting disputed information back into credit reports.
Industry Groups Sue Over Biden Ban on Medical Debt From Credit Reports
(Reuters) - Two groups representing the credit reporting and credit union industries have filed a lawsuit challenging a new ...
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CFPB Finalizes Rule Removing Medical Bills from Credit Reports
On January 7, 2025, the CFPB announced the finalization of a rule amending Regulation V, which implements the Fair Credit Reporting Act (FCRA), 15 U.S.C. § 1681 et seq., to prohibit the inclusion of ...
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8 Types of Companies That Are Looking at Your Credit Report
When you apply for a loan, you expect the lender to pull your credit report. After all, you’re borrowing money. It makes ...