Debt relief

Kamala Harris Unveils Landmark Ban on Medical Debt in Consumer Credit Reports

Jan 8, 2025

In a groundbreaking announcement on Tuesday, Jan. 07, 2025, Vice President Kamala Harris unveiled the Consumer Financial Protection Bureau’s (CFPB) finalized rule to ban medical debt from consumer credit reports. This transformative measure is set to impact more than 15 million Americans, potentially raising credit scores by an average of 20 points and broadening access…
Federal Court Extends Block On Biden’s Student Debt Relief Plan

Aug 10, 2024

On Friday, a federal appeals court extended an order that blocks the Biden administration from further implementing its student debt relief plan, which aims to reduce monthly payments for millions of borrowers and expedite loan forgiveness for some. The 8th U.S. Circuit Court of Appeals, based in St. Louis, granted an injunction pending appeal, siding…

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