Federal Court Reverses Medical Debt Reporting Restrictions

1 min read
Source: Scripps News
Federal Court Reverses Medical Debt Reporting Restrictions
Photo: Scripps News
TL;DR Summary

A federal judge in Texas has reversed a Biden administration rule that aimed to remove medical debt from credit reports, affecting nearly 15 million Americans and potentially increasing credit scores, citing that the Fair Credit Reporting Act does not permit the CFPB to make such removals.

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