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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
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PA Mayor Wants To Dive Into $13M COVID Relief Funds For Splashy Renovations To Pools PA Mayor Wants To Dive Into $13M COVID Relief Funds For Splashy Renovations To Pools
PA Mayor Wants To Dive Into $13M COVID Relief Funds For Splashy Renovations To Pools A Pennsylvania mayor is looking for the public's input about possibly renovating pools using COVID-19 relief funds, is the community ready to take the plunge? Harrisburg mayor Eric Papenfuse announced the plan to use $13 million of American Rescue Plan funds to renovate and restore the city's pools but he wants public input before moving forward.  Harrisburg's pools were built in the 1960s "in the aftermath of racial unrest and have survived past their expected life expectancies," Papenfuse said. "The pools play an important role in serving the community...whether it is providing recr…

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by Jillian Pikora