White House Proposes Banning Medical Debt from Credit Reports

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The White House is proposing new regulations that would stop medical debt from showing up on credit reports.  On Tuesday, Vice President Harris announced the proposition would remove up to 49-billion-dollars in medical debt from over 15-million credit reports.  The proposed law would result in another 22-thousand home loan approvals per year according to Harris.  She told reporters “No one should be denied access to economic opportunity simply because they experienced a medical emergency.” 

***Courtesy of Total Traffic News***

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