CFPB Cracks Down: Medical Debt Removed from Credit Reports
By Aisha Patel - January 7, 2025 3:11 pm
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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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