
CFPB Cracks Down: Medical Debt Removed from Credit Reports
Boost Your Credit Score! The CFPB finalized a rule removing medical debt from credit reports. Experian, Equifax, and Transunion already reduced medical debt's impact, reflecting its unreliability as a creditworthiness indicator (per a 2014 CFPB report). Lenders can no longer use medical info in loan decisions.
This means a healthier credit future for you!
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