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Medical debt will be removed from credit reports
Medical Debt Will Now Be Wiped From Credit Reports
A new Consumer Financial Protection Bureau rule means consumers’ hospital and doctor bills can no longer weigh down their credit scores.
This Week In Credit Card News: Medical Debt To Be Eliminated From Credit Reports
Outstanding credit card and other revolving debt decreased $13.7 billion, the most since early in the pandemic, after surging a month earlier. Non-revolving credit, such as loans for vehicle purchases and school tuition,
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 want to mitigate the financial repercussions of those bills.
21h
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.
IJR
1d
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 ...
NerdWallet
2d
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 ...
13d
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 ...
18h
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
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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