silence7@slrpnk.net to politics @lemmy.worldEnglish · 5 months agoIn sweeping change, Biden administration to ban medical debt from credit reports | The rule, first reported by ABC News, could go into effect sometime next year.abcnews.go.comexternal-linkmessage-square24fedilinkarrow-up1282arrow-down14file-textcross-posted to: [email protected]
arrow-up1278arrow-down1external-linkIn sweeping change, Biden administration to ban medical debt from credit reports | The rule, first reported by ABC News, could go into effect sometime next year.abcnews.go.comsilence7@slrpnk.net to politics @lemmy.worldEnglish · 5 months agomessage-square24fedilinkfile-textcross-posted to: [email protected]
For context, the poor credit ratings which go with medical debt are concentrated in the south, where states have limited the reach of medical safety-net programs.:
minus-squaresilence7@slrpnk.netOPlinkfedilinkarrow-up1·5 months agoMy guess — and I’m not 100% sure — is that it requires them to no longer count towards the credit score once the new rule goes into effect. Which it may not if Trump takes power.
My guess — and I’m not 100% sure — is that it requires them to no longer count towards the credit score once the new rule goes into effect. Which it may not if Trump takes power.