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Biden Administration Eyes Banning Medical Debt in Credit Reports

(Bloomberg) Medical debt would be scrubbed from consumers’ credit reports under a proposal financial regulators are considering, an effort to aid millions of US households grappling with hefty outstanding bills.Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsWall Street Trading Roiled by ‘Post-Fed Hangover’: Markets WrapCisco to Buy S

Roughly 60% of millennials, Gen Z said they would rather spend money on life experiences like traveling, concerts now than save for retirement — are they making a big mistake?

No matter your age, you can balance your financial future with living your best life now — if you play it smart.

Senate bill would help trans, nonbinary people who have changed their names receive accurate credit scores

Senate Democrats on Thursday unveiled legislation that would make it easier for people who have legally changed their names to receive accurate credit information. The Name Accuracy in Credit Reporting Act, introduced Thursday by Sens. John Fetterman (D-Pa.), Tina Smith (D-Minn.) and Ed Markey (D-Mass.), would amend the Fair Credit Reporting Act to require that all…

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