CFPB's Medical Debt Rule: Potential for Unintended Consequences
The CFPB finalized a rule eliminating \$49 billion in medical debt from 15 million Americans' credit reports; however, this action may have unintended consequences, including degraded lending standards, higher healthcare prices, and reduced credit access for low-income individuals.
CFPB's Medical Debt Rule: Potential for Unintended Consequences
The CFPB finalized a rule eliminating \$49 billion in medical debt from 15 million Americans' credit reports; however, this action may have unintended consequences, including degraded lending standards, higher healthcare prices, and reduced credit access for low-income individuals.
Progress
56% Bias Score
Legal Challenges Threaten Biden's Medical Debt Credit Reporting Ban
The Biden administration's new rule banning medical debt from credit reports, impacting an estimated 15 million consumers and $49 billion in debt, faces legal challenges from industry groups and political opposition from a leading House Republican, raising questions about the rule's future and impac...
Legal Challenges Threaten Biden's Medical Debt Credit Reporting Ban
The Biden administration's new rule banning medical debt from credit reports, impacting an estimated 15 million consumers and $49 billion in debt, faces legal challenges from industry groups and political opposition from a leading House Republican, raising questions about the rule's future and impac...
Progress
52% Bias Score
Conflicting Credit Reporting Changes Impact Millions of Americans
The CFPB will remove \$49 billion in medical debt from credit reports, impacting 15 million people, while protections ending for millions of federal student loan borrowers will result in negative credit reporting.
Conflicting Credit Reporting Changes Impact Millions of Americans
The CFPB will remove \$49 billion in medical debt from credit reports, impacting 15 million people, while protections ending for millions of federal student loan borrowers will result in negative credit reporting.
Progress
48% Bias Score
Credit Industry Sues Over Ban on Medical Debt in Credit Reports
Two industry groups are suing the CFPB over a new rule removing \$49 billion in medical debt from the credit reports of 15 million Americans, arguing it violates the Fair Credit Reporting Act and could reduce loan availability.
Credit Industry Sues Over Ban on Medical Debt in Credit Reports
Two industry groups are suing the CFPB over a new rule removing \$49 billion in medical debt from the credit reports of 15 million Americans, arguing it violates the Fair Credit Reporting Act and could reduce loan availability.
Progress
44% Bias Score
CFPB Removes \$49 Billion in Medical Debt from Credit Reports
The CFPB finalized a rule eliminating roughly \$49 billion in medical debt from credit reports, effective in 60 days, despite opposition from banking and credit agencies, and the incoming Republican majority.
CFPB Removes \$49 Billion in Medical Debt from Credit Reports
The CFPB finalized a rule eliminating roughly \$49 billion in medical debt from credit reports, effective in 60 days, despite opposition from banking and credit agencies, and the incoming Republican majority.
Progress
16% Bias Score
MacKenzie Scott's $50 Million Donation to Undue Medical Debt Amplifies Fight Against Medical Debt Crisis
MacKenzie Scott donated an additional $50 million to Undue Medical Debt, totaling $130 million since 2020, enabling the organization to relieve nearly $15 billion in medical debt for over 9 million people, highlighting the growing issue of medical debt in the U.S.
MacKenzie Scott's $50 Million Donation to Undue Medical Debt Amplifies Fight Against Medical Debt Crisis
MacKenzie Scott donated an additional $50 million to Undue Medical Debt, totaling $130 million since 2020, enabling the organization to relieve nearly $15 billion in medical debt for over 9 million people, highlighting the growing issue of medical debt in the U.S.
Progress
28% Bias Score
Trump Pauses Rule to Remove Medical Debt from Credit Reports
President Trump paused a rule that would remove \$49 billion in medical debt from the credit reports of at least 15 million Americans, creating uncertainty for millions and highlighting the political battle over consumer protection and healthcare costs.
Trump Pauses Rule to Remove Medical Debt from Credit Reports
President Trump paused a rule that would remove \$49 billion in medical debt from the credit reports of at least 15 million Americans, creating uncertainty for millions and highlighting the political battle over consumer protection and healthcare costs.
Progress
36% Bias Score
CFPB Removes $49 Billion in Medical Debt from Credit Reports
The CFPB removed $49 billion in medical debt from the credit reports of 15 million Americans, improving credit scores and access to credit, because medical debt is often inaccurate and doesn't predict loan repayment.
CFPB Removes $49 Billion in Medical Debt from Credit Reports
The CFPB removed $49 billion in medical debt from the credit reports of 15 million Americans, improving credit scores and access to credit, because medical debt is often inaccurate and doesn't predict loan repayment.
Progress
36% Bias Score
CFPB Removes Medical Debt from Credit Reports: Impacts and Uncertainties
The Consumer Financial Protection Bureau is removing medical debt from the credit reports of millions of Americans, impacting about 20 percent of the population, aiming to improve credit scores and access to credit but potentially affecting consumer and provider incentives.
CFPB Removes Medical Debt from Credit Reports: Impacts and Uncertainties
The Consumer Financial Protection Bureau is removing medical debt from the credit reports of millions of Americans, impacting about 20 percent of the population, aiming to improve credit scores and access to credit but potentially affecting consumer and provider incentives.
Progress
48% Bias Score
Medical Debt Removal from Credit Reports
The Biden administration finalized a rule to remove an estimated $49 billion in medical debt from the credit reports of about 15 million Americans, impacting credit scores and loan decisions, starting in 2025.
Medical Debt Removal from Credit Reports
The Biden administration finalized a rule to remove an estimated $49 billion in medical debt from the credit reports of about 15 million Americans, impacting credit scores and loan decisions, starting in 2025.
Progress
40% Bias Score
Increased Abortion Costs Create Medical Debt Crisis
The overturning of Roe v. Wade has created a financial crisis in abortion care, forcing many to incur significant debt to access procedures, with costs ranging from $500 for a first-trimester abortion to $25,000 for a third-trimester abortion, and state bans forcing people to travel hundreds of mile...
Increased Abortion Costs Create Medical Debt Crisis
The overturning of Roe v. Wade has created a financial crisis in abortion care, forcing many to incur significant debt to access procedures, with costs ranging from $500 for a first-trimester abortion to $25,000 for a third-trimester abortion, and state bans forcing people to travel hundreds of mile...
Progress
44% Bias Score
CEO Murder Spurs Debate on U.S. Healthcare Costs
The murder of UnitedHealthcare CEO Brian Thompson has ignited a national discussion on the high cost of healthcare in the U.S., fueled by suspect Luigi Mangione's criticism of the industry's profits and the struggles many Americans face in accessing and paying for necessary care.
CEO Murder Spurs Debate on U.S. Healthcare Costs
The murder of UnitedHealthcare CEO Brian Thompson has ignited a national discussion on the high cost of healthcare in the U.S., fueled by suspect Luigi Mangione's criticism of the industry's profits and the struggles many Americans face in accessing and paying for necessary care.
Progress
32% Bias Score