Biden Admin Issues Rule Hiding Nearly $50 Billion In Debt From Credit Card Reports

Jan 07, 2025

The Biden administration’s Consumer Financial Protection Bureau (CFPB) issued a new rule Tuesday that will hide an estimated $49 billion in medical debt from credit reports. The rule, slated to affect 15 million Americans, prohibits the inclusion of medical bills on credit reports and bars creditors… Biden Admin Issues Rule Hiding Nearly $50 Billion In Debt From Credit Card Reports