Medical debt to stay on credit reports
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The Biden administration finalized a new rule that will prevent Americans from the harm caused by medical debt, including being coerced by debt collectors to pay bills they do not owe.
A Texas judge blocked a CFPB rule that aimed to remove medical debt from credit reports, citing overreach. Millions could miss out on a credit score boost.
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Scripps News on MSNFederal judge reverses rule that removed medical debt from credit reportsA federal judge in Texas has reversed a Biden administration rule that wiped medical debt from credit reports, affecting nearly 15 million Americans.