The COVID-19 pandemic's impact on medical debt has spurred the Consumer Financial Protection Bureau into action, particularly as it relates to the credit reporting of medical debt..
On September 25, 2023, the Consumer Financial Protection Bureau ("CFPB") began its most substantial Fair Credit Reporting Act ("FCRA") rulemaking yet with an outline of proposed changes to Regulation V.
On September 21, 2023, the Consumer Financial Protection Bureau (CFPB) announced details of its anticipated rulemaking under the Fair Credit Reporting Act (FCRA).
On September 21, 2023, the CFPB announced it is undertaking a rulemaking process to remove medical bill tradelines from consumer reports and prohibit creditors from relying on medical.