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 ...
Recently, the Eastern District of Kentucky denied a motion to dismiss under the Fair Credit Reporting Act (FCRA) after finding the plaintiffs ...
The Consumer Financial Protection Bureau (CFPB) is suing Experian, claiming the nationwide consumer reporting agency is ...
The CFPB cited Equifax’s failure to investigate disputes and resolve errors as part of its crackdown on credit reporting.
Harvard University has hired another law firm to help it navigate a U.S. House investigation into its response to claims of ...
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 ...
While CROA focuses on regulating credit repair companies, other federal laws are focused on protecting consumers. The Fair ...