Medical Debt in Discussion to be Removed from Credit Reports

Share

 Unpaid medical bills may soon be removed from your credit reports.  The Consumer Financial Protection Bureau said Thursday it expects to issue a proposed rule next year that would bar consumer credit companies from including medical debts on credit reports.  The bureau said under the new rule, debt collectors would no longer be able to use medical debt as leverage to pressure consumers into paying questionable bills.  The head of the bureau said, “When someone gets sick they should be able to focus on getting better, rather than fighting debt collectors trying to extort them into paying bills they may not even owe.”

***Courtesy of Total Traffic News***

Spread the word

Trending Now

Featured News Podcasts

Subscribe to our Community Newsletter

By submitting this form, you are consenting to receive marketing emails from: Prairie Communications, 55 Public Square, Monmouth, IL, 61462, https://977wmoi.com/. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Choose a Category

Continue Reading

Illinois Estate Tax Driving People Out of State

**Courtesy of State Senator Jil Tracy Illinois’ overall population has declined by more than 260,000 residents since 2020, according to Census figures. For many reasons – skyrocketing taxes, high prices, staggering increases

Don’t Let a DUI Wreck Your Holidays

This holiday season, the Illinois Department of Transportation, Illinois State Police, and more than 200 police and sheriff’s departments are joining forces for the national “Drive Sober or Get Pulled Over”

Chipotle Opens First Restaurant In Galesburg

The first Chipotle restaurant is now open in Galesburg.  The Mexican grill chain opened its new location yesterday on North Henderson Street.  The company is still hiring workers for the