Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule to ban the inclusion of medical bills on credit reports used by lenders and prohibit lenders from using medical information in their lending decisions.
That is obviously good for people who’ve amassed a lot of medical debt in the US. Anecdotally, most of the people I call friends have at least a few thousand dollars worth of medical debt and the idea of trying to build credit or get loans is alien to them because of it.
That is obviously good for people who’ve amassed a lot of medical debt in the US. Anecdotally, most of the people I call friends have at least a few thousand dollars worth of medical debt and the idea of trying to build credit or get loans is alien to them because of it.