However, Deal cautions that the removal of medical debt from credit reports does not absolve individuals from responsibility. “You are still liable for the debt,” she emphasized. “Creditors can still ...

Trade groups file lawsuit against CFPB over new rule banning medical debt from credit reports, arguing it exceeds statutory authority.

This week’s new rule by the Biden Administration will keep medical debt off of credit reports. It affects more than 15 million Americans and removes nearly $50 billion from credit reports.