Biden administration seeks to wipe consumer medical debt off most credit reports with proposed rule
By TOM MURPHY
AP Health Writer
The Biden administration is pushing to prevent medical debt from being considered in most decisions made over whether someone qualifies to rent an apartment, buy a car or take on a mortgage. The Consumer Financial Protection Bureau says it is planning a rule that would remove medical bills from most credit reports and prevent lenders from making decisions based on medical information. The proposed rule also would prevent lenders from repossessing medical devices like wheelchairs if people cannot repay a loan. A senior administration official says they expect to finalize the rule early next year.
