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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Credit reporting agencies Equifax, Experian and TransUnion will wipe out most medical debtThree of the country's largest credit reporting agencies are removing nearly 70% of medical debt from consumer credit reports, the companies announced in a joint statement Friday. i don’t have that
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