Anonymous ID: d45150 Jan. 7, 2025, 5:22 a.m. No.22308445   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>8477 >>8821 >>9021

Harris announces ruling removing billions in medical debt from credit reports

Vice President Kamala Harris announced Tuesday that Americans will no longer be penalized for medical debt on credit reports.

 

The final ruling by the Consumer Financial Protection Bureau will remove $49 billion in unpaid medical bills from the credit reports of 15 million Americans.

 

Harris also said a handful of states and localities have leveraged American Rescue Plan (ARP) funds to support the elimination of over $1 billion in medical debt for more than 700,000 Americans.

 

"No one should be denied economic opportunity because they got sick or experienced a medical emergency," Harris said, in part. "We also reduced the burden of medical debt by increasing pathways to forgiveness and cracking down on predatory debt collection tactics."

 

https://www.msn.com/en-us/money/news/harris-announces-ruling-removing-billions-in-medical-debt-from-credit-reports/ar-AA1x63DK?ocid=msedgntp&pc=LCTS&cvid=d80c3a85c7924f549ac53d45611e8301&ei=32