Biden Administration Removes Unpaid Medical Bills from Credit Reports

Reported 1 day ago

The Biden administration has enacted a final rule that bans unpaid medical bills from appearing on credit reports, affecting over 15 million Americans and removing $49 billion in medical debt. This change is expected to increase credit scores by an average of 20 points and could lead to 22,000 additional mortgage approvals annually, enhancing economic opportunities for families affected by medical issues.

Source: YAHOO

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