Following Lujan's Urging, CFPB Announces Rules to Block Inclusion of Medical Debt on Credit Reports
January 13, 2025
January 13, 2025
WASHINGTON, Jan. 13 -- Sen. Ben Ray Lujan, D-New Mexico, issued the following news release:
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 reduce the burden of medical . . .
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 reduce the burden of medical . . .