Medical debt is an often unmanageable or unpredictable challenge that just hits people like a ton of bricks out of nowhere,” said AG Weiser.

Colorado and New York are not waiting for the Fair Credit Reporting Act rulemaking to eliminate creditor use of medical debt announced by the CFPB in September 2023. As we previously blogged, in the ...

The Fair Credit Reporting Act (FCRA) is a federal law enacted in the United States that regulates the collection, dissemination, and use of consumer credit information. Its primary purpose is to ...

The Consumer Financial Protection Bureau released a notice Oct. 28 clarifying that the Fair Credit Reporting Act preempts state laws on credit reporting, including those regarding medical debt.

A new rule regarding credit reports may soon affect about 15 million Americans’ credit scores. On Jan. 7, the Consumer Financial Protection Bureau finalized a rule that “will ban the inclusion of ...

As one of the fastest-growing groups of renters, Gen-Z is entering the market and putting pressure on property managers to start reporting rent payments to the major credit bureaus. Gen-Z is paying ...

Houses, cars and credit cards - Americans have never held more debt than they do right now. The collective debt is more than $17 trillion. Some people like Deborah King are crushing it with a 790 ...

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken enforcement action against American Honda ...

MBA says tri-merge credit checks cost lenders up to $100 per loan, doubling since pre-COVID, as industry pushes for a cheaper, single-report model The Mortgage Bankers Association (MBA) is renewing ...

The report also shows Americans’ student loan debt hit a new record, at $1.65 trillion. A lot more borrowers are missing ...