By Alana Wise A federal judge has ruled that medical debt can remain on Americans’ credit reports, cancelling a policy set in place by the Biden administration to help relieve the burden of healthcare expenses weighing on nearly a third of the population. The ruling — handed down by U.S. District Court of Texas’ Eastern District Judge Sean Jordan on Friday — was a major blow to the Consumer Financial Protection Bureau (CFPB), which has fought against medical debt as a metric of credit worthiness. In the waning days of the Biden administration in January, the federal banking and financial
The post Americans’ medical debt can stay in credit reports, judge rules. What does that mean? appeared first on HBCU News.
