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Trump-Appointed Judge Kills Rule to Remove All Medical Debt From Credit Reports
The CFPB pushed further, however, finalizing a rule in early January barring all medical debt from influencing people’s credit scores. It estimated that the rule would remove roughly $49 billion in medical bills from the credit reports of 15 million Americans, raising their scores by an average of 20 points.
A federal judge has struck down a Biden-era rule which would have eliminated medical debt from Americans credit reports.
Economists worry about tariff-induced price hikes, inflation, interest rates and the outlook for the job market.
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The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to ...
Believing these common credit card myths could drag down your score. Learn the truth and build your credit the smart way.
Loan closure is a key financial milestone that reduces debt and improves cash flow. If a loan appears active on your credit ...
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