CFPB Rulemaking on Medical Debt

CFPB Rulemaking on Medical Debt

In June 2024, the CFPB unveiled its proposed rule on medical debt in credit reports.  The Bureau also released an unofficial redline of the proposed rule and a fast facts document. The comment deadline is August 11, 2024. The proposal was covered by a press release....
CFPB Rulemaking on Medical Debt

CFPB CAB Meeting on Consumer Reporting; Medical Debt

In May 2024, the CFPB’s Consumer Advisory Board met to discuss Consumer Data Reporting Accuracy and Medical Debt on Credit Reports. This agenda item had the following discussants listed: Angela Hanks, Associate Director, External Affairs Division Kiren Gopal, Senior...
CFPB Rulemaking on Medical Debt

CFPB Urges Connecticut to Pass A Medical Debt Ban

On April 11, 2024, the CFPB sent a letter to Sen. Matt Lesser (D), the chair of the Human Services Committee, about that state’s medical debt ban bill, S.B. 395. The letter was signed by Brian Shearer, the CFPB’s Assistant Director, Office of Policy Planning and...
U.S. Reps. to Chopra: Use Care in FCRA Regulation

U.S. Reps. to Chopra: Use Care in FCRA Regulation

In April 2024, a bipartisan group of members of congress wrote a letter to CFPB director, Richard Chopra, urging the CFPB to “to ensure your effort supports the ability of financial institutions to protect consumers from identity fraud and fulfill other...

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