New rule removes medical bills from credit reports, could lead to 20,000 more mortgage approvals per year Loaner
The Consumer Financial Protection Bureau (CFPB) has finalized a rule that will remove medical debt from consumer credit reports. In doing so, Americans’ credit scores are expected to increase by an average of about 20 points, increasing the number of home loan applicants who get approved for a home loan. The agency noted that “medical … Read more