Unpaid Medical Bills to Be Removed from Credit Reports

Unpaid Medical Bills to Be Removed from Credit Reports: The Consumer Financial Protection Bureau (CFPB) has announced a new rule that will remove unpaid medical bills from the credit reports of approximately 15 million Americans. This decision is expected to alleviate around $49 million in medical debt, providing significant relief to those struggling with healthcare costs. The move is part of broader efforts to reform credit reporting practices and improve financial stability for consumers.