A federal judge has overturned a previous Biden administration rule that would have removed about $49 billion in medical debt from consumers’ credit reports. The rule until now had been caught up in court battles. Even so, last year, the 3 major credit bureaus voluntarily said they would exclude medical debts under $500 from their reporting. The Consumer Financial Protection Bureau (CFPB) estimated that if implemented, the rule could have erased medical debt from the …
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