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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 - Jan. 7

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 - Jan. 7

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 - Jan. 7

$119 billion of U.S. government debt to be issued this week, raising questions about demand

A total of $119 billion in U.S. government debt issuance is about to drop this week through Wednesday, pushed forward due to Thursday’s abbreviated session for bond traders as the country marks the ...

MarketWatch - Jan. 6

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 - Jan. 6

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 - Jan. 6

UK altnets count cost of ‘gold rush’ end after collective losses surpass £1bn

Alternative network providers under pressure to demonstrate they can be profitable businesses not just builders

Financial Times - Jan. 5

College football turns upside down, but this final four is a collection of the sport's big programs

In the first round of the College Football Playoff, the teams seeded 5-8 all won

ABC News - Jan. 4

My grandfather co-signed my cousin’s student loan. After my grandfather died, my cousin skipped town. Will the estate have to pay the debt?

“The loan is now in default, and I have no idea where this grandson is.”

MarketWatch - Jan. 4

While Biden administration withdrew student loan forgiveness plans, there is still debt relief available

After the Biden administration withdrew its sweeping student loan forgiveness plans, borrowers should look into the existing debt cancellation programs.

CNBC - Jan. 3

College football turns upside down, but this final four is a collection of the sport’s big programs

The semifinals are set: In the Orange Bowl, it will be No. 6 Penn State vs. No. 7 Notre Dame. Then, in the Cotton Bowl, it will be No. 5 Texas vs. No. 8 Ohio State.

Yahoo Sports - Jan. 3

Debt consolidation loan vs. debt consolidation program: Which will be better in 2025?

Both options can help you pay off your credit card debt faster, but one may be a better choice than the other now.

CBS News - Jan. 3

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 - Jan. 2

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 - Jan. 2

Does the United States need a debt limit?

The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended consequences suggest that there are unforeseen effects that may be worse ...

The Hill - Jan. 2

The battered bond market starts 2025 facing some difficult issues about debt

Investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due.

CNBC - Jan. 1

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