Following Lujan's Urging, CFPB Announces Rules to Block Inclusion of Medical Debt on Credit Reports
January 09, 2025
January 09, 2025
WASHINGTON, Jan. 9 -- Sen. Ben Ray Lujan, D-New Mexico, issued the following news release:
Washington, D.C. - Today, U.S. Senator Ben Ray Lujan (D-N.M.) applauded the Consumer Financial Protection Bureau's (CFPB) decision to finalize a rule that will block the inclusion of medical debt on credit card reports. The CFPB estimates that $49 billion in medical bills will be removed from credit reports of roughly 15 million Americans. Blocking medical debt on credit reports will redu . . .
Washington, D.C. - Today, U.S. Senator Ben Ray Lujan (D-N.M.) applauded the Consumer Financial Protection Bureau's (CFPB) decision to finalize a rule that will block the inclusion of medical debt on credit card reports. The CFPB estimates that $49 billion in medical bills will be removed from credit reports of roughly 15 million Americans. Blocking medical debt on credit reports will redu . . .