CFPB Weighs Ban On Medical Debts In Credit Reports
Collection Industry News
MARCH 7, 2022
As a result, the agency will be “scrutinizing” the three major credit reporting bureaus — Equifax, Experian and TransUnion — and their handling of medical debt to make sure it is accurately reported in consumer files, Mr. Chopra said. Medical debt, unlike a mortgage or car loan, is often incurred involuntarily.
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