Site Search

A rule issued by the Consumer Financial Protection Bureau (CFPB) in early January 2025 banned inclusion of medical bills on credit reports used by lenders and prohibiting lenders from using medical information in their lending decisions.  The agency ... medical debt that the creditor is prohibited from using. This change removed an estimated $49 billion in medical bills from the credit reports of about 15 million Americans, increased privacy protections, and prevented debt collectors from using the credit reporting system to coerce people to pay bills. ACS CAN strongly supported the rule as people with cancer often have significant health care costs because they have high medical needs, require ...