How is this not bigger news?! This is life changing for a great many Americans.

  • @ReallyActuallyFrankenstein
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    2 days ago

    To be clear, that took place last year. This latest move appears much wider-reaching and categorical to any unpaid medical bills. According to the article:

    Unpaid medical bills will no longer appear on credit reports, where they can block people from mortgages, car loans or small business loans, according to a final rule announced Tuesday by the Biden administration.

    The Consumer Financial Protection Bureau rule will remove $49 billion in medical debt from the credit reports of more than 15 million Americans, according to the bureau, which means lenders will no longer be able to take that into consideration when deciding to issue a loan.