American Banker1dOpinion
The new administration should reset federal consumer protection rules
The first task for a new director of the Consumer Financial Protection Bureau should be sweeping away the clutter of ...
InvestmentNews3d
Medical debt may affect credit of 100 million Americans if CFPB rule is scrapped
The Consumer Financial Protection Bureau rule means that millions of Americans with unpaid medical bills will not face ...
What Credit Card Protections Could We Lose if the CFPB Closes?
Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late fee hovers around $32, so ...
CFPB rule to remove medical bills from credit reports goes into effect March 17, but enforcement uncertain: Legally Speaking
New CFPB rules may erase $49 billion in medical debt from credit reports, boosting credit scores for 15 million Americans if enforcement proceeds.
Medical debt rule's fate uncertain amid CFPB regulatory limbo | Dollars & Sense
The fate of the Consumer Financial Protection Bureau's new rules to exclude medical debt from credit reports is uncertain, impacting millions.
GOP Aims to Repeal CFPB Medical Debt Credit Report Ban (Correct)
Republican lawmakers are moving to eliminate a Biden-era Consumer Financial Protection Bureau rule barring medical debt from ...
WKYC34d
CFPB rule to remove medical bills from credit reports goes into effect March 17, but enforcement uncertain: Legally Speaking
But enforcement of this regulation is up in the air, because of the Trump administration's effective shutdown of the CFPB. If enforced, this new rule is expected to remove around $49 billion in ...
ConsumerAffairs2d
Legislation to overturn medical debt rule draws blowback
Legislation to Overturn Medical Debt Rule: U.S. Senator Mike Rounds and Representative Ralph Norman introduced resolutions to ...
What Debt Protections Could Consumers Lose Without the CFPB?
The Consumer Financial Protection Bureau (CFPB) was launched in 2011 in response to the 2008 banking crisis, which destabilized millions of Americans. This new U.S. government agency' ...