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Wednesday, feb 26
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Wednesday, feb 26
Tag:
Medical Debt
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 …
Lifestyle
Support Swells For Expecting Mother Whose BF Was Shot In Mass MD Shooting Over Parking Spot
Support is swelling for an expecting mother whose boyfriend was one of three victims wounded in a Maryland mass shooting that claimed the lives of three others last week. The mass shooting broke out over a parking spot on Paddington Place in Annapolis on Sunday, June 11, Daily Voice reported. Charles Robert Smith was identified as the alleged gunman and arrested the following day. Meanwhile, more than $500 had been raised on a GoFundMe launched by Aliciya Mcrae, who says one the victims, her boyfriend, Enner “E,” was shot multiple times when trying to help his friend during the incident an…