On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) published a final Rule (the “Rule”) that prohibits consumer reporting ...

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.

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 ...

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 ...

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

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

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 ...

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

The agency estimated the rule will remove more than $49 billion in medical bills from the credit reports of about 15 million Americans.

Harvard University has hired another law firm to help it navigate a U.S. House investigation into its response to claims of ...