Having an erroneous collection account on your credit report isn't a life sentence, though. There are laws in place to ...

The fate of a Biden-era rule that would keep medical debt from consumers’ credit reports is up in the air amid reported ...

The Consumer Financial Protection Bureau, now led by Treasury Secretary Scott Bessent, agreed to temporarily halt enforcement ...

Most of the medical debt didn't belong to the poorest patients, but rather insured people in the middle and lower-middle ...

If healthcare entities believe that people won't pay their medical bills at the margin, they'll likely raise prices.

Senate Bill 5480 doesn’t erase medical debt completely but it "declares a medical debt void and unenforceable if it is ...

No, a debt collector cannot legally make false statements about your debt. Still, some debt collectors will resort to these ...

Treasury Secretary Scott Bessent called for a halt on most of the CFPB's work. It could impact rules on overdraft fees, ...

Republicans bet on the economy growing faster than reasonable to cover plans that could reignite inflation, rising interest ...

The agency had been one of Wall Street’s most feared regulators, with the power to issue rules on mortgages, credit cards, ...

On Jan. 7, 2025, the Consumer Financial Protection Bureau announced a new rule banning medical debt from all credit reports.

The Consumer Financial Protection Bureau and will suspend most of its operations, according to a memo from its new acting ...