silence7 to politics @lemmy.worldEnglish · 15 days agoIn sweeping change, Biden administration to ban medical debt from credit reports | The rule, first reported by ABC News, could go into effect sometime next year.abcnews.go.comexternal-linkmessage-square26fedilinkarrow-up1387arrow-down16file-textcross-posted to: usnews@beehaw.org
arrow-up1381arrow-down1external-linkIn sweeping change, Biden administration to ban medical debt from credit reports | The rule, first reported by ABC News, could go into effect sometime next year.abcnews.go.comsilence7 to politics @lemmy.worldEnglish · 15 days agomessage-square26fedilinkfile-textcross-posted to: usnews@beehaw.org
For context, the poor credit ratings which go with medical debt are concentrated in the south, where states have limited the reach of medical safety-net programs.:
minus-squaresilence7OPlinkfedilinkarrow-up5·14 days agoMy guess — and I’m not 100% sure — is that it requires them to no longer count towards the credit score once the new rule goes into effect. Which it may not if Trump takes power.
My guess — and I’m not 100% sure — is that it requires them to no longer count towards the credit score once the new rule goes into effect. Which it may not if Trump takes power.