by Eric J. Ellman | Jun 11, 2024
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....
by Eric J. Ellman | May 14, 2024
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...
by Eric J. Ellman | Apr 19, 2024
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...
by Eric J. Ellman | Mar 26, 2024
In March 2024, several U.S. Senators, all Republicans, wrote to CFPB Director Rohit Chopra, noting that any forthcoming “broad expansion of the FCRA would contravene established federal laws and regulations related to financial crime and fraud prevention and...