WA Law Wipes Medical Debt From Credit Reports
6 Articles
6 Articles
Ruling returns medical debt to credit reports
A federal judge has overturned a Biden‑era Consumer Financial Protection Bureau rule that would have erased unpaid medical debt from consumer credit reports — a move expected to affect nearly 15 million Americans. U.S. District Judge Sean Jordan, a Trump appointee, ruled that the CFPB lacked statutory authority under the Fair Credit Reporting Act to implement the sweeping change. He sided with two credit industry trade groups — the Cornerstone C…
Black Americans hit hard as medical debt rule tossed
A Trump-appointed federal judge has blocked a key rule that would have removed medical debt from the credit reports of roughly 15 million Americans, dealing a harsh blow to struggling families already burdened by the high cost of health care, particularly Black Americans who carry a disproportionate share of that debt.
Black Americans Hit Hard as Medical Debt Rule Tossed – The Tennessee Tribune
BLACKPRESSUSA NEWSWIRE — A Trump-appointed federal judge has blocked a key rule that would have removed medical debt from the credit reports of roughly 15 million Americans, dealing a harsh blow to struggling families already burdened by the high cost of health care, particularly Black Americans who carry a disproportionate share of that debt. A Trump-appointed federal judge has blocked a key rule that would have removed medical debt from the cr…
WA law wipes medical debt from credit reports - Lynnwood Today
(Photo by Mikhail Nilov) While a new ruling by a federal judge allows medical debt to remain on Americans’ credit reports, Washington residents will be protected from the practice, under a new law. Medical debt impacts nearly one third of Washingtonians, while 6 in 10 residents said they would not be able to pay an unexpected $500 medical bill. Sen. Marcus Riccelli, D-Spokane, sponsored the bill, which he said could improve someone’s credit scor…
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