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March 3, 2024 5:29 pm

With Medical Debt Burdening Millions, a Financial Regulator Steps In to Help

In its most ambitious move to date, the CFPB is developing rules to bar medical debt from consumer credit reports, a sweeping change that could make it easier for Americans burdened by medical debt to rent a home, buy a car, even get a job. Those rules are expected to be unveiled later this year.