Americans No longer penalized for medical debt
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unpaid medical debtsFox Business
•Business
Business & Economics
Harris announces ruling removing billions in medical debt from credit reports
81% Informative
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 .
The CFPB ruling is expected to raise the credit scores of those affected by an estimated average of 20 points.
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83
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82
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36
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