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Medical debt will be removed from credit reports
Medical debt may not hurt your credit score, a new rule says. What happens if you don’t pay the bill?
Unpaid medical debt will no longer affect credit scores, according to a new rule from Biden administration regulators who want to mitigate the financial repercussions of those bills.
New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know
Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a new rule from the Consumer Financial Protection Bureau (CFPB) prohibits cre
CFPB to eliminate medical debts from credit reports
Syrjala says medical bills alone do not determine whether or not you will be accepted for a loan or mortgage. The reason for this change is that the CFPB finds medical debts ‘provide little predictive value to lenders about borrowers’ ability to repay other debts.’
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Dave Ramsey nailed it: “A high credit score does NOT equal success.”
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Parents Are Gaming Their Kids’ Credit Scores
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CNET
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My Credit Score Went Up 130 Points in 5 Years. Here's How I Did It
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One Man’s Attempt to Get a Perfect 850 Credit Score
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Can I Cosign on a Student Loan with a 600 Credit Score?
You probably won't be much help as a private student loan cosigner if you have a 600 credit score. A 670 FICO score could ...
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on MSN
Here’s what you need to know about credit card defaults
Credit card defaults are on the rise for Americans, reaching the highest amount in 14 years. U.S. credit card defaults jumped ...
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Complaints about credit score not addressed? Here’s what RBI has told banks and credit information firms to do
What is a credit score – and why is it important? What’s a good credit score? Why has the central bank stepped in, and what ...
CNET
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I Use Travel Credit Card Rewards to Score Thousands of Dollars in 'Free' Trips. Here's How
If you're a frequent traveler, here's how the best travel cards can save you money or upgrade your experience.
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Joe Biden
Medical debt
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