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CFPB Proposes Ban on Medical Debt in Credit Reports

CFPB Proposes Ban on Medical Debt in Credit Reports

by Tim Sanders | Jul 3, 2024

The Consumer Financial Protection Bureau (CFPB) has recently proposed a groundbreaking rule...

Florida consumers reviewing a credit report while learning about their rights under the Fair Credit Reporting Act (FCRA).Understanding your rights under the Fair Credit Reporting Act can help you identify and dispute inaccurate information on your credit report.

What Is the Fair Credit Reporting Act (FCRA)? A Complete Guide for Florida Consumers

by Tim Sanders | May 27, 2024

Last updated: June 12, 2026 Estimated reading time: 18 minutes Key Takeaways The Fair Credit...

Graphic of a smartphone with a "Bills" app open showing a balance of -$1467, next to a "Debtor" document

According to the CFPB any medical debt already paid or under $500 should no longer be on your credit report.

by Tim Sanders | Apr 15, 2024

A very large percentage of negative accounts on consumer reports have been reported by way...

Close-up of a gavel on a table with a colorful background.

Consumer reporting companies have an obligation to correct errors

by Tim Sanders | Apr 9, 2024

The Importance of Correcting Errors in Credit Reports In today's digital age, consumer...

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