Biden's rule to ban medical debt from credit reports is facing lawsuits from industry groups and criticism from GOP lawmakers ...

With the new lawsuits, consumers with medical debt will be stuck in the middle but experts say there are options.

argue that the rule violates the Fair Credit Reporting Act and the bureau lacks the authority to issue such a ban.“Americans are frustrated by medical bills. But frustration does not justify ...

If you have any medical debt, you’ll be glad to know it will no longer appear on your credit report. On Tuesday, the Consumer Financial Protection Bureau (CFPB) announced the finalization of a rule ...

The CFPB cited Equifax’s failure to investigate disputes and resolve errors as part of its crackdown on credit reporting.

There is an estimated $49 billion in unpaid medical bills from the credit reports of roughly 15 million Americans.

On January 7, 2025, the CFPB filed a lawsuit against a nationwide consumer reporting agency for violations of the Fair Credit Reporting Act. The lawsuit claims the company’s investigation of ...

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 ...

While CROA focuses on regulating credit repair companies, other federal laws are focused on protecting consumers. The Fair ...

One of the nation’s largest credit reporting agencies has been fined $15 million for issuing inaccurate credit scores and ...