The CFPB's ruling will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.

On January 7, the Consumer Financial Protection Bureau (CFPB or Bureau) finalized its rule aimed at removing an estimated $49 billion in medical

A new rule regarding credit reports may soon affect about 15 million Americans’ credit scores. On Jan. 7, the Consumer Financial Protection Bureau finalized a rule that “will ban the inclusion of medical bills on credit reports used by lenders and prohibit lenders from using medical information in their lending decisions,

Key Takeaways The Consumer Financial Protection Bureau (CFPB) issued a rule banning credit bureaus from including medical debt from consumer credit scores.The rule won't go into effect for another two months,

Fact checked by Nick Blackmer Outstanding medical debt can no longer impact Americans’ credit scores, according to a rule finalized Tuesday by the Consumer Financial Protection Bureau (CFPB). The rule prohibits credit reporting agencies from including medical debt when calculating credit scores and bars lenders from considering medical information