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Feds Finalize Rule Erasing $49 Billion In Medical Debt From Credit Scores, CFPB Says Feds Finalize Rule Erasing $49 Billion In Medical Debt From Credit Scores, CFPB Says
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 …

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by Chris Spiker
News
$4M Lottery Jackpot: Framingham Winner Plans To Liveout Homeowners' Dreams $4M Lottery Jackpot: Framingham Winner Plans To Liveout Homeowners' Dreams
$4M Lottery Jackpot: Framingham Winner Plans To Liveout Homeowners' Dreams A Framingham woman said she will fulfill every homeowner's dream after winning $4 million in the Massachusetts State Lottery.  Elba Rivera, of Framingham, won the seven-figure sum playing the "777" $10 instant scratch-off game. She took home the top prize for the game, but one $4 million ticket remains in circulation.  Rivera took the lump sum payment of $2.6 million (before taxes) rather than the annuity.  Related: Weymouth Man Wins $1M Thanks To Morning Coffee Run She plans to use the money to pay off her mortgage.  Rivera bought the ticket at Auto Bright Car C…

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by Josh Lanier
News
Newly Minted Millionaire: Boston Man Preparing For Future After Lottery Win Newly Minted Millionaire: Boston Man Preparing For Future After Lottery Win
Newly Minted Millionaire: Boston Man Preparing For Future After Lottery Win A Boston man said he already knows how he'll spend the $1 million he won playing in the Massachusetts State Lottery.  Jose Rodrigues, of Dorchester, won the prize playing the "777" scratch-off game.  He elected to take the lump sum payment of $650,000 (before) taxes rather than the annuity.  Rodrigues said he'll use the money to pay off his mortgage.  He bought the ticket at O'Brien's Wines & Liquors at 1911 Dorchester Ave. in Dorchester. The store will get a $10,000 bonus for the sale. 

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by Josh Lanier
Lifestyle
Diesel Mechanic From Southeast Massachusetts Wins $3 Million Mega Millions Prize Diesel Mechanic From Southeast Massachusetts Wins $3 Million Mega Millions Prize
Diesel Mechanic From Southeast Massachusetts Wins $3 Million Mega Millions Prize Despite winning a massive prize from the Massachusetts State Lottery, a diesel mechanic from Southeast Massachusetts doesn't plan on using his winnings to take time off, but rather pay it forward. Paul Little, of Lakeville, is the winner of a $3 million Mega Millions prize on a ticket he bought for the multi-state game's Tuesday, Jan. 17 drawing, the lottery reports.  Little, who works on marine engines, said that he plans to continue to work for the time being but does have plans to use his winnings to help his family and other people. Little also plans on using some of the money to p…

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by David Cifarelli