Comment on Good News: Medical Debt Won't Hurt Your Credit Report

Good News: Medical Debt Won't Hurt Your Credit Report

CNN reports that the Biden administration is finalizing a rule that will help millions of Americans battling bad credit due to medical debt. Before Biden leaves office, medical debts will no longer be allowed for inclusion on credit reports. The outlet noted the new rule will remove $49 billion in medical bills from credit reports, according to the Consumer Financial Protection Bureau (CFPB).

 

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