CFPB to Require Credit Reporting Agencies to Regularly Report on Consumer Disputes
WASHINGTON, D.C. —(ENEWSPF)—December 11, 2014. Today, the Consumer Financial Protection Bureau (CFPB) released a report that found medical debt has a significant impact on consumer credit, as 43 million Americans have overdue medical debt on their credit reports. The CFPB is concerned that the systems for incurring, collecting, and reporting medical debt can create difficult challenges for consumers. To better address these challenges,…
