InnovationRx: Medical Debts Will Be Erased From Credit Histories [Forbes]
TransUnion (TRU)
Last transunion earnings: 4/28 06:50 am
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Source: Forbes
California's bird flu emergency, the cause of the mysterious disease in Congo and more. To get it in your inbox, CFPB Director Rohit Chopra CQ-Roll Call, Inc via Getty Images On Tuesday , the Consumer Financial Protection Bureau governing how lenders consider medical information when making a decision on a loan application. They would remove medical debt from appearing on people's credit reports and prohibit lenders from considering medical debt as a factor when making a decision on a loan application. This is a big deal as some 15 million Americans have an estimated $49 billion in medical debt. Although the rules prohibit lenders from using medical information in making any lending decisions, such data can still be considered when verifying relevant requests such as a medical forbearance or to verify healthcare expenses that might be covered by a loan. The regulatory body's move follows a 2023 decision by credit reporting companies Equifax, Experian and TransUnion to remove m
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News
- Medical debt will be removed from credit reports: What this means for Americans [FOX Business Network]FOX Business Network
- My Credit Score Went Up 130 Points in 5 Years. Here's How I Did It [CNET News]CNET News
- Nearly half of credit card users are carrying debt — it may take months, or years, to pay off [CNBC]CNBC
- New TransUnion Research Reveals Seven in 10 Marketing Leaders Struggle to Connect with Audiences Due to Complex Network of Martech Solutions and Identity ChallengesGlobeNewswire
- TransUnion Announces Agreement to Acquire Financial Technology Company Monevo, a Credit Prequalification and Distribution PlatformGlobeNewswire
TRU
Earnings
- 10/23/24 - Beat
TRU
Sec Filings
- 1/3/25 - Form 4
- 1/3/25 - Form SCHEDULE
- 1/2/25 - Form 144
- TRU's page on the SEC website