The ruling targets a Consumer Financial Protection Bureau rule that would have removed medical debt from 15 million credit ...

Key Points ・A Texas federal judge has blocked the CFPB's January 2025 rule that banned the inclusion of medical debt in credit reports. ・The ruling reverses protections for up to 15 million Americans ...

A federal judge blocked a rule from the Consumer Financial Protection Bureau that would have stopped medical bills from ...

Unpaid medical bills are back on the table, which could mean lower credit scores for millions. A federal judge in Texas has ...

In a win for credit bureaus and debt collectors, medical debt will be allowed to stay on your credit report after all.

The judge's decision vacated a rule imposed by the Biden administration earlier this year to keep medical debt from affecting ...

Texas judge rules CFPB lacked authority to bar medical debt from credit files Decision preserves lenders’ ability to consider ...

The CFPB pushed further, however, finalizing a rule in early January barring all medical debt from influencing people’s ...

CFPB research has indicated that medical debt on credit reports is “a poor predictor” of whether a person will repay a loan, ...

On July 11, the U.S. District Court for the Eastern District of Texas vacated the CFPB’s Medical Debt Rule, concluding that ...

In his decision, U.S. District Judge Sean Jordan argued that the Fair Credit Reporting Act, which was amended in 2003, does not permit the CFPB to remove medical debt from reports.

A 2014 CFPB study found that eliminating medical debt from records would lead to the approval of approximately 22,000 additional affordable mortgages every year and boost credit scores by an ...