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A new rule is designed to prevent medical debt from ruining your credit score.
Millions of Americans have crushing medical debt. But here’s some good news: they won’t have to worry about unpaid medical bills damaging their FICO scores anymore. On Jan. 7, the Consumer Financial Protection Bureau (CFPB) finalized a rule that will remove a whopping $49 billion in medical bills from the credit reports of around 15 million Americans. Here’s more on how this new medical debt…
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