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CFPB, In Debt and Credit Card
Lame Duck Biden Admin Issues Rule Hiding Nearly $50 Billion In Debt From Credit Card Reports
The lame duck Biden administration’s Consumer Financial Protection Bureau (CFPB) issued a new rule Tuesday that will hide an estimated
CFPB issues rules to remove medical debt from consumer credit reports
Credit-reporting companies and debt collectors have previously opposed the policy, which could face political and legal challenges under incoming President Donald Trump.
Medical Debt Will Disappear From Credit Reports in March, CFPB Ruling Says
The ruling by the Consumer Financial Protection Bureau could help lift credit scores, but it may face legal challenges.
Biden administration issues rule blocking medical debt from credit reports
A new rule being implemented by the Biden administration will eliminate medical debt from appearing on the credit reports of 15 million Americans.
Unpaid Medical Bills Banned from Appearing on Credit Reports Thanks to New Biden Administration Rule
Unpaid medical bills will no longer appear on credit reports, a significant change announced Tuesday by the Biden administration. The new rule, implemented by the Consumer Financial Protection Bureau (CFPB),
9h
on MSN
US Consumer Borrowing Drops on Plunge in Credit-Card Balances
US consumer debt outstanding unexpectedly fell in November by the most in over a year as credit-card balances plunged.
NerdWallet
1d
2024 American Household Credit Card Debt Study
NerdWallet’s annual report shows that household credit card debt growth has slowed, and the gap between wages and cost of ...
8h
on MSN
Medical debt may not hurt your credit score, a new rule says. What happens if you don’t pay the bill?
Unpaid medical debt will no longer affect credit scores, according to a new rule from Biden administration regulators who ...
12d
on MSN
Credit card debt set to hit record levels as consumer holiday spending rises
The National Retail Federation reported last week that spending between Nov. 1 and Dec. 31 is “clearly on track” to reach a ...
6h
on MSN
New Survey: Nearly half of credit cardholders carry debt
Many people start the year off with the goal of paying down their credit card debt. A new survey by Bankrate shows nearly ...
6d
This Week In Credit Card News: Defaults At Highest Level In 14 Years
Fed Rate Cuts Won’t End the Sting of High Interest Rates for Subprime Cardholders ...
1d
on MSN
About 15 Million People Will Likely Have Better Credit Scores Under This New Rule
The government's consumer watchdog agency has finalized a rule banning medical debt from credit reports in a move that could ...
NerdWallet on MSN
2d
4 Steps to Becoming Debt-Free in 2025
Learn how to get out of debt in 2025 by following these four steps, starting with knowing what you owe and committing to a ...
5d
on MSN
Debt consolidation loan vs. debt consolidation program: Which will be better in 2025?
Both options can help you pay off your credit card debt faster, but one may be a better choice than the other now.
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