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Medical Debt

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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
'AI Moonshoot' Among Murphy's Ideas To Make Life More Affordable For NJ Residents 'AI Moonshoot' Among Murphy's Ideas To Make Life More Affordable For NJ Residents
'AI Moonshoot' Among Murphy's Ideas To Make Life More Affordable For NJ Residents Gov. Phil Murphy sees New Jersey as a future global leader in artificial intelligence, while balancing the urgent financial needs of families during his 2024 State of the State Address. In his speech on Tuesday, Jan. 9, Gov. Murphy spoke about "an era of unease and uncertainty" defined by economic recovery during the COVID-19 pandemic, along with wars in Israel and Ukraine.  He also talked about how higher costs of living are the biggest challenges for many families. "Making life more affordable for more families is our highest priority," said Gov. Murphy. "We need to recognize t…

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by Chris Spiker
Obituaries
Brother Launching Nonprofit To Honor NJ Nurse With Bipolar Disorder Who Died By Suicide At 30 Brother Launching Nonprofit To Honor NJ Nurse With Bipolar Disorder Who Died By Suicide At 30
Brother Launching Nonprofit To Honor NJ Nurse With Bipolar Disorder Who Died By Suicide At 30 The loved ones of a passionate, caring, and devoted New Jersey RN who died by suicide at age 30 are accepting donations to launch a nonprofit that will honor his legacy while advocating for essential mental health support services and accessibility. Joseph Lavery Gullo, of West Berlin, died Wednesday, May 10, his obituary says. He leaves behind his parents, Gregory and Susan (Diamond ) Gullo; his loving brother and sister, Gregory Gullo, Jr. (Kate), and Erin Gullo (Kyle); his two beloved dogs, Jager and Meep; as well as countless extended family members and close friends who will cherish his…

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by Valerie Musson