Some good news for anyone wishing to cleanse their credit reports of medical debt!
CFBP Director Rohit Chopra hasmedical debt collections. Chopra said the CFBD will be “closely scrutinizing” the three credit reporting agencies.
“We are thrilled that the credit bureaus are removing the vast majority of medical debt from credit reports,” Chi Chi Wu, the National Consumer Law Center Staff Attorney, said in a statement. “Medical debt has damaged the credit reports of tens of millions of consumers for far too long.” “A serious injury or illness can cost thousands of dollars out-of-pocket to meet these deductibles and other cost-sharing requirements,” the authors of the analysis
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