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Medical debt won't hurt credit scores

Hosted on MSN · 10h

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.

Austin American-Statesman on … · 20h

New Biden rule would remove nearly $49B in medical debt from millions of credit reports

The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.

LA Times on MSN · 7h

Biden administration bars medical debt from credit scores

The rules ban credit agencies from including medical debts on consumers' credit reports and prohibit lenders from considering medical information in assessing borrowers.

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New Biden rule would remove medical debt from millions of credit reports

The Biden Administration announced an initiative Tuesday to remove an estimated $49 billion in medical debt from credit ...

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5 things to know for Jan. 7: Trump’s agenda, Trudeau resigns, Bird flu, Deadly earthquake, Medical debt

Here’s what else you need to know to Get Up to Speed and On with Your Day . Congress on Monday officially certified President ...

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