The #Biden admin will announce rules to block #MedicalDebt from being used to evaluate #borrowers’ fitness for #mortgages & other types of #loans.
…The WH has repeatedly focused on the issue of #medical #debt, saying it disproportionately harms low-income Americans & communities of color.
“This is going to be an enormous relief for so many people battling #bills when it comes to medical visits,” CPFB dir Rohit Chopra said….
#equity #economy #finance #BidenHarris2024
https://www.washingtonpost.com/health/2024/06/11/biden-cfpb-medical-debt/
…The WH has repeatedly focused on the issue of #medical #debt, saying it disproportionately harms low-income Americans & communities of color.
“This is going to be an enormous relief for so many people battling #bills when it comes to medical visits,” CPFB dir Rohit Chopra said….
#equity #economy #finance #BidenHarris2024
https://www.washingtonpost.com/health/2024/06/11/biden-cfpb-medical-debt/
Biden proposes to ban medical debt from credit reports, loan decisions
The draft rules, arriving less than five months before Election Day, are part of President Biden’s argument that he is addressing pocketbook problems.Dan Diamond (The Washington Post)
