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Al Jazeera
Al Jazeera
Health

US bans medical debt from credit reports as Biden nears exit

United States CFPB Donald Trump Joe Biden Consumer Financial Protection Bureau
The seal of the Consumer Financial Protection Bureau (CFPB) is seen at its headquarters in Washington, DC, the United States on May 14, 2021 [Andrew Kelly/Reuters]

Consumers in the United States will no longer have medical debt appear on their credit reports under changes that will make it easier for millions of Americans to obtain loans.

The new rule means that lenders will be barred from using medical information in their lending decisions, the Consumer Financial Protection Bureau (CFPB) said on Tuesday.

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