Sat.Jan 25, 2025

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Daily Digest – January 24. Suits Filed Over Alleged Issues With Text Messages; Day Four … And Counting

Account Recovery

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How removing unpaid medical bills from credit reports could help consumers

Collection Industry News

NEW YORK (AP) Lenders will no longer be able to consider unpaid medical bills as a credit history factor when they evaluate potential borrowers in the U.S. for mortgages, car loans or business loans, according to a rule theConsumer Financial Protection Bureaufinalized Tuesday. Removing medical debts from consumer credit reportsis expected to increase the credit scores of millions of families by an average of 20 points, the bureau said.

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