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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.
Loan closure is a key financial milestone that reduces debt and improves cash flow. If a loan appears active on your credit ...
The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
Paying off balances and reducing debt will improve a 500 credit score fast. As you pay down debt, you will lower your credit ...
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The Common Credit Card Errors That Tank Credit ScoresIf you are someone who believes in using credit cards for as much as you can, you are not alone, as the whole concept of ...
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 ...
Credit scores matter more than ever. With mortgage rates elevated, a good credit score can lead to real savings. Better ...
First and foremost, those seeking to build a Canadian credit profile should develop a deeper understanding of the ...
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