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Recent Releases

U.S. Senator Tina Smith Applauds Biden Admin Move to Eliminate Medical Debt from Credit Reports

WASHINGTON, DC – Today, U.S. Senator Tina Smith (D-MN) celebrated a new proposed rule from the Consumer Financial Protection Bureau (CFPB) shielding consumers’ credit scores from being impacted by medical debt. Today’s announcement came after Senator Smith, along with 9 of her colleagues, urged the agency to take action. According to the CFPB’s own report, there is over $88 billion in medical debt on consumer credit records. “You can’t choose when you get sick – it happens whether we like it or not. You shouldn’t be punished with a lower credit score just because you needed medical care,” said Senator Smith.“This move by the Biden

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