By Stacy M. Brown NNPA Newswire Sr Natl Correspondent Vice President Kamala Harris has announced a new Consumer Financial Protection Bureau (CFPB) rule to eliminate medical debt from consumer credit reports. The White House explained in a release that the action would remove $49 billion in unpaid medical bills, benefiting 15 million Americans by raising credit scores and improving access to home loans, cars, and small businesses. Administration officials further noted that states and localities have already leveraged funds from the American Rescue Plan (ARP) to eliminate over $1 billion in medical debt for more than 700,000 Americans. These efforts are part […]
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