The White House Proposes Removing Medical Debt From Credit Reports
Under the proposal, consumer reporting companies would be blocked from using medical debts and collection information on consumer reports.
The Biden-Harris administration is seeking to remove medical debt from consumer credit reports. The proposal is expected to assist in stopping “debt collectors from coercing people into paying bills they may not even owe, as well as ensure that creditors are not relying on data that is often plagued with inaccuracies and mistakes.” Under the proposal, consumer reporting companies would…