Credit Score Archives

15 million Americans still have medical bills on credit reports

Approximately 15 million Americans continue to grapple with medical debt on their credit reports, despite reforms implemented by Equifax, Experian and TransUnion in March 2022, the Consumer Financial Protection Bureau (CFPB) revealed in a study published Monday. As of June 2023, about 5% of Americans had unpaid medical bills on their credit reports, down from 14% [...]read more

CHLA president addresses various consumer protection measures

April 26, 2024 mpsingh No Comments Real estate Addresses, CFPB, CHLA, Consumer, Credit Score, Fannie Mae, Freddie Mac, Ginnie Mae, HWmember, Measures, president, protection, The Gathering

Having just enough time to review the broad strokes of the CFPB’s announcement immediately before taking the stage, Stork said that he is supportive of certain recent efforts by the bureau, including caps to overdraft fees on credit card purchases. “As a consumer, I applaud those kinds of measures,” he said. “I haven’t read all [...]read moreCHLA president addresses various consumer protection measures