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CFPB Issues Bulletin to Restrain Collection and Credit Reporting of Prohibited Medical Debt

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Credit Mentor

CFPB Issues Bulletin to Restrain Collection and Credit Reporting of Prohibited Medical Debt

The Consumer Financial Protection Bureau (CFPB) has released a compliance bulletin and policy guidance reminding debt collectors that attempting to collect on or furnishing information to consumer reporting agencies regarding medical debt that is prohibited under the recently passed No Surprises Act may violate the Fair Debt Collection Practices Act (FDCPA) and Fair Credit Reporting Act (FCRA)

 

https://www.jdsupra.com/legalnews/cfpb-issues-bulletin-to-restrain-2648272/

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
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