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41°
Thursday, feb 27
Tag:
Credit report
News
Feds Finalize Rule Erasing $49 Billion In Medical Debt From Credit Scores,
Cfpb
Says
About 15 million Americans will see their credit reports cleared of medical debt under a new rule approved by the Consumer Financial Protection Bureau. The CFPB has finalized a landmark rule that removes $49 billion in medical debt from credit reports, the bureau said in a news release on Tuesday, Jan. 7. The regulation also prohibits lenders from using medical information in lending decisions when evaluating loan applications. The rule is expected to raise credit scores by an average of 20 points and enable the approval of 22,000 additional mortgages annually. "People …
Police & Fire
Thieves Seek Personal Info In String Of Mail Thefts In Fairfield County, Police Say
A police department in one Fairfield County town is warning residents of a rash of mail thefts from residential mailboxes. The Greenwich Police Department, which has patrol officers looking for suspicious activity, said the thieves are looking for outgoing checks or protected personal information. The department is recommending that if possible, residents switch to online banking or bring their bills to the Post Office for mailing. "If you need to mail a check, regularly review your bank statements to make sure the check has been cashed in the correct amount and to the correct person…