The rule from the Consumer Financial Protection Bureau (CFPB) will remove $49 billion in medical debt for 15 million ...
According to the CFPB, the new rule is expected to provide an average credit score boost of 20 points for those impacted by outstanding medical debt. This could lead to more than 22,000 more consumers ...
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Americans won’t have to worry about unpaid medical bills damaging their credit reports and scores much longer.
Unpaid medical debt is the largest source of debt in the United States, but it will no longer appear on credit reports, allowing 15 million Americans to obtain loans easier. Medical debt will no ...