medical debt

CFPB Finds Failures in Loan Collection and Medical Credit Cards
CFPB Finds Failures in Loan Collection and Medical Credit Cards
July 02, 2024  |  CFPB

The companies collecting Americans’ student loans, auto loans and medical payments have some work to do. That’s according to a report issued Tuesday (July 2) by the Consumer...

READ MORE >
McHenry Says CFPB Proposal Would ‘Severely Impair’ Credit Report Accuracy
McHenry Says CFPB Proposal Would ‘Severely Impair’ Credit Report Accuracy
June 11, 2024  |  CFPB

House Financial Services Committee (HFSC) Chairman Patrick McHenry, R-N.C., condemned a proposed rule announced Tuesday (June 11) by the Consumer Financial Protection Bureau (CFPB), saying...

READ MORE >
CFPB Issues Proposed Rule Banning Medical Bills From Credit Reports
CFPB Issues Proposed Rule Banning Medical Bills From Credit Reports
June 11, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has issued a proposed rule that would ban medical bills from credit reports. The proposed rule would stop credit reporting companies...

READ MORE >
CFPB Supports Connecticut Bill to Limit Reporting of Medical Debt
CFPB Supports Connecticut Bill to Limit Reporting of Medical Debt
April 15, 2024  |  Consumer Finance

The Consumer Financial Protection Bureau (CFPB) has written a letter in support of a Connecticut bill that would prohibit healthcare providers in the state from reporting medical debt...

READ MORE >
Connecticut Will Cancel $650 Million in Medical Debt
Connecticut Will Cancel $650 Million in Medical Debt
February 04, 2024  |  Healthcare

Connecticut reportedly plans to cancel $650 million in medical debt for its residents. This relief will impact around 250,000 people and will make Connecticut the first state...

READ MORE >
CFPB: Medical Bills Account for 15% of Consumer Complaints
CFPB: Medical Bills Account for 15% of Consumer Complaints
November 16, 2023  |  CFPB

American consumers are routinely hounded over medical bills they don’t even owe. That’s according to a new report issued Thursday (Nov. 16) by the Consumer Financial Protection Bureau (CFPB),...

READ MORE >
CFPB Probe Finds Abuse in Auto and Payday Loans
CFPB Probe Finds Abuse in Auto and Payday Loans
July 26, 2023  |  CFPB

America’s consumer watchdog says it’s uncovered deception and abuse in several consumer financial products. The Consumer Financial Protection Bureau (CFPB) released a report Wednesday (July...

READ MORE >
Credit Reporting Agencies Remove More Medical Collections Debt From Reports
Credit Reporting Agencies Remove More Medical Collections Debt From Reports
April 11, 2023  |  Healthcare Financing

Three credit reporting agencies have taken another step in removing medical collection tradelines from credit reports. Equifax, Experian and TransUnion have removed medical collections debt...

READ MORE >
Health Financing Platform PayZen Raises $200M
Health Financing Platform PayZen Raises $200M
November 22, 2022  |  Healthcare

As medical bankruptcies continue to plague Americans, PayZen has raised $220 million in new funding as it looks to expand its “affordability financing” offering for...

READ MORE >