Latest in New rule bans medical debt from credit reports
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Medical debt may not hurt your credit score, a new rule says. What happens if you don’t pay the bill?
Unpaid medical debt will no longer affect credit scores, according to a new rule from Biden administration regulators who want to mitigate the financial repercussions of those bills.MarketWatch - 13h -
Can you take out a HELOC with high credit card debt?
A HELOC is one of the most affordable borrowing options right now, but can you qualify for one with a lot of debt?CBS News - 13h -
What happens when you lose a credit card debt collection lawsuit?
A few different scenarios could occur if a judgment is issued against you for your old credit card debt.CBS News - 17h -
Nearly half of credit card users are carrying debt — it may take months, or years, to pay off
Nearly half of Americans are starting off the new year in the red. And of those carrying credit card balances, many say it could take years to pay off.CNBC - 18h -
5 important credit card debt relief moves to make this January
Certain moves may help you break free from credit card debt, experts say. Here are five to explore this month.CBS News - 19h -
New rule bans medical debt from credit reports
A new rule issued by the outgoing Biden administration will ban medical debt from appearing on people's credit reports. It's estimated the move will raise credit scores for around 15 million ...CBS News - 1d -
GOP lawmakers look to ban transgender athletes from women's sports
House and Senate Republicans on Tuesday refiled legislation to bar transgender women and girls from competing on school sports teams that match their gender identity, jump-starting work on an issue ...The Hill - 1d -
How long do settled accounts stay on your credit report?
Understanding this timeline can help you set realistic expectations for your credit recovery journey.CBS News - 1d -
CFPB finalizes rule to remove estimated $49 billion in medical debt from credit reports
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ruin Americans' finances.CNBC - 1d -
Can I qualify for credit card debt forgiveness with a low credit score?
A low credit score could limit your debt relief options — but will it make you ineligible for debt forgiveness?CBS News - 1d -
WPP becomes latest global employer to tighten working from home rules
Advertising group says its 110,000 staff must be in office at least four days a weekFinancial Times - 1d -
Biden administration finalizes rule to strike medical debt from credit reports
U.S. consumers will no longer have medical debt appear on their credit reports under to a new rule the CFPB finalized Tuesday.NBC News - 1d -
Medical debt banned from credit reports by new Biden administration rule
Unpaid medical bills will no longer appear on credit reports under a final rule announced by the Biden administration.CBS News - 1d -
New federal rule will remove medical debt from credit reports
A new rule on medical debt could affect millions of Americans' credit scores.ABC News - 1d -
Biden Administration Moves to Ban Medical Debt From Credit Reports
The future of the new rule remains in question, however, with President-elect Donald J. Trump set to return to the White House this month.The New York Times - 2d -
CFPB finalizes rule barring medical debt from credit reports
The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on credit reports, potentially freeing up billions in credit. The finalized ...The Hill - 2d -
Are the new personal data rules workable?
Also in this newsletter: India’s forex reserves fall to an eight-month low and Kumar Mangalam Birla’s mantraFinancial Times - 2d -
Why Lyft Is Giving New York City Riders a Credit During January
Uber and Lyft are reacting to New York City’s congestion pricing in different ways.Inc. - 2d -
Is it legal for a credit card company to sell your delinquent debt?
There are a few routes your credit card company can take when you're late on payments — including selling the debt.CBS News - 2d -
What proof must credit card debt collectors provide for a debt?
Debt collectors must provide proof that a debt is valid. Otherwise, they have to stop their collection efforts.CBS News - 2d -
Biden Bans New Oil and Gas Drilling Along Most U.S. Coasts
The ban affects the entire Eastern Seaboard, the Pacific Coast along California, Oregon and Washington, the eastern Gulf of Mexico and the Northern Bering Sea.The New York Times - 2d -
Michael Moss breaks down new FDA rules for "healthy" food labels
Pulitzer Prize-winning journalist Michael Moss explains the FDA's new rules for "healthy" food labels, limits on added sugars, and the push for alcohol warning labels.CBS News - 2d -
Biden bans new offshore drilling along most of the U.S. coastline
The White House announced Monday that President Joe Biden would ban new offshore oil and gas drilling along most of the U.S. coastline.NBC News - 2d -
The fight over credit card swipe fees enters a new year with no end in sight
With new fee increases and more shoppers ditching cash, some small businesses are urging their customers to consider sticking with bills and coins.NBC News - 4d -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - 5d -
Biden administration adds exemptions into new climate rules for hydrogen energy
The Biden administration on Friday finalized fairly strict climate rules for the nascent hydrogen energy industry — but the rules contain new flexibilities that are expected to make them less ...The Hill - 5d -
What grounds does Trump have to request a TikTok ban delay from the Supreme Court?
President-elect Donald Trump requested that the Supreme Court suspend the TikTok ban until after he takes office while he works on a political resolution. University of Minnesota Law School ...CBS News - 6d -
3 big reasons to pursue credit card debt forgiveness this January
Debt forgiveness can be a smart way to move forward from your high-rate card debt — especially right now.CBS News - 6d -
Can you pay to delete collection accounts from your credit report?
A pay-for-delete approach could help your credit, but is it a legitimate option to consider? Here's what to know.CBS News - 6d -
UK rapper Stormzy banned from driving for using phone behind wheel of Rolls-Royce
British rapper Stormzy has been banned from driving for nine months after admitting that he drove his Rolls-Royce through London while using his phoneABC News - 6d -
Stormzy banned from driving for using mobile phone
An off-duty police officer caught him using a mobile phone behind the wheel of a Rolls-Royce.BBC News - 6d -
New House Ethics campaign rules are a belated lump of coal
The House Committee on Ethics has issued new requirements for House members' campaign and leadership PAC funds, requiring them to maintain records demonstrating the specific campaign purpose of ...The Hill - 6d -
New York Employers Must Now Offer Paid Medical Leave During Pregnancy
All private companies in the state must now grant at least 20 hours of paid leave to employees to attend prenatal medical appointments under a law that went into effect Jan. 1.Inc. - 6d -
UK tech secretary backs away from social media ban for under-16s
Peter Kyle had said option was ‘on the table’ after Australia restricted use of sites such as InstagramFinancial Times - 6d -
Watch: BBC reports from scene of deadly New Orleans attack
The BBC's Anna Adams had been celebrating New Year in the city, just a few hours before the attack.BBC News - Jan. 1 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1