Biden Administration Proposes Banning Medical Debt From Credit Reports
The rule would reduce the amount of people in the U.S. with medical debt listed on their credit reports to zero, down from 46 million in 2020.
The Biden Administration has proposed to ban medical debt from credit reports. The rule would reduce the amount of people in the U.S. with medical debt listed on their credit reports to zero, down from 46 million in 2020. The move is expected to improve the financial health and well-being of millions of Americans. The Administration calculates that if the…