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Top related persons:
Joe Biden - 1 Kamala Harris - 1 North Carolina Governor Roy Cooper - 1 Biden - 1 Harris - 1 Rohit Chopra - 1
Top related locs:
Chavis Raleigh , North Carolina U.S
Top related orgs:
U.S - 1 North Carolina Governor - 1 Chavis Community Center - 1 Consumer Financial Protection Bureau - 1 Consumer Data Industry Association - 1

Search resuls for: "Consumer Data Industry Association"


2 mentions found


☆ Biden administration moves to ban medical debt from credit reports
  + stars: | 2024-06-11 | by ( Rob Wile | ) www.cnbc.com   time to read: +2 min
The Biden administration is moving to ban medical debt from credit reports. Medical debt, she said, "makes it more difficult to get by, much less get ahead. A recent study estimated that one in five U.S. households live with medical debt, including people with health insurance; and that on average, a typical American household owes about $4,600 in medical debts. "Medical bills on credit reports too often are inaccurate and have little to no predictive value when it comes to repaying other loans." The association said it had also extended the time before medical collections debt appears on credit reports and deleted resolved debts and medical collection debts below $500.
Persons: Joe Biden, Kamala Harris, North Carolina Governor Roy Cooper, Biden, Harris, Rohit Chopra Organizations: U.S, North Carolina Governor, Chavis Community Center, Consumer Financial Protection Bureau, Consumer Data Industry Association Locations: Chavis, Raleigh , North Carolina, U.S
☆ TransUnion, Equifax, Experian may have violated credit reporting rules, Rep. Jim Clyburn says
  + stars: | 2022-10-17 | by ( Chelsey Cox | ) www.cnbc.com   time to read: +5 min
A key Democrat wants credit reporting agencies Equifax , Experian and TransUnion investigated for allegedly failing to respond to consumer complaints during the pandemic. Clyburn asked the chief executive officers of Equifax, Experian and TransUnion in May for the companies' responses to consumer complaints in the early days of the pandemic. The subcommittee partly credited the pause on student loan payments and an increase in pandemic-related identity theft to credit reporting errors. The bureau also cited the credit reporting companies for accepting these findings without an independent investigation. "Errors in credit reports can reduce consumers' credit scores, potentially blocking access to loans, housing, and employment, among other serious consequences."
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