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CFPB Report Details Family Finances and Debt in Rural Appalachia

https://www.consumerfinance.gov/archive/newsroom/cfpb-report-details-family-finances-and-debt-in-rural-appalachia/

...subprime credit. In particular, medical debt collections are a much more prevalent...Appalachians, and consumers with medical debt collections often experience difficulties...Finances and Debt in Rural Appalachia Appalachians Face Higher Debt Burdens and...subprime credit. In particular, medical debt collections are a much more prevalent

Archived
New VA rule relieves financial distress for thousands of veterans with medical bills

https://www.consumerfinance.gov/archive/blog/new-va-rule-relieves-financial-distress-for-thousands-of-veterans-with-medical-bills/

...burden, including mounting medical bills, aggressive debt collection and coercive...and how to protect against surprise medical bills....distress for thousands of veterans with medical bills By Jim Rice – FEB 07, 2022 Share...leaving them with mounting medical bills. Aggressive debt collection and coercive

Bulletin 2022-01: Medical Debt Collection and Consumer Reporting Requirements in Connection with the No Surprises Act

https://www.consumerfinance.gov/compliance/supervisory-guidance/cfpb-bulletin-2022-01-medical-debt-collection-consumer-reporting-requirements-in-connection-with-no-surprises-act/

Bulletin and Policy Guidance to remind debt collectors, information furnishers,...Bulletin 2022-01: Medical Debt Collection and Consumer Reporting Requirements...remind debt collectors of their obligation to comply with the Fair Debt Collection

Archived
CFPB Proposes to Ban Medical Bills from Credit Reports

https://www.consumerfinance.gov/archive/newsroom/cfpb-proposes-to-ban-medical-bills-from-credit-reports/

...proposed a rule that would remove medical bills from most credit reports, increase...scores and loan approvals, and prevent debt collectors from using the credit reporting...longer function. CFPB Proposes to Ban Medical Bills from Credit Reports Rule would...remove as much as $49 billion of medical debts that unjustly lowers credit scores

Archived
CFPB and IHS joint letter re: Protecting approved Purchased/Referred Care program patients from improper bills

https://www.consumerfinance.gov/archive/newsroom/cfpb-and-ihs-joint-letter-re-protecting-approved-purchase-dreferred-care-program-patients-from-improper-bills/

CFPB and IHS to medical providers, suppliers, billers, and debt collectors re:...Improvement Act (IHCIA),1 the Fair Debt Collection Practices Act (FDCPA),2 and...reiterates that the IHCIA prohibits medical providers, suppliers, or billers from

Archived
No Surprises Act: How we are protecting people from the side effects of surprise medical bills

https://www.consumerfinance.gov/archive/blog/no-surprises-act-how-we-are-protecting-people-from-side-effects-surprise-medical-bills/

...people you serve face unexpectedly high medical costs, now they have protections under...Act, plus support from the CFPB on debts arising from charges that exceed amounts...from the side effects of surprise medical bills By Desmond Brown – FEB 09, 2022... including people you serve, need medical care each year. Because of internal

Archived
CFPB, U.S. Department of Health and Human Services, and U.S. Department of Treasury Launch Inquiry into Costly Credit Cards and Loans Pushed on Patients for Health Care Costs

https://www.consumerfinance.gov/archive/newsroom/inquiry-into-costly-credit-cards-and-loans-pushed-on-patients-for-health-care-costs/

...specialty financial products, such as medical credit cards and installment loans...routine medical care and which drive up health care costs and medical debt....safeguard consumers against predatory medical debt and collections practices JUL 07...specialty financial products, such as medical credit cards and installment loans