Source: Daniel de Vise, USA Today

A new rule from the Consumer Financial Protection Bureau would ban the inclusion of medical bills on credit reports and would bar lenders from using medical information when they make lending decisions. 

Previous research by the watchdog agency found that medical debt factors into thousands of denied mortgage applications. The agency contends that medical debt on a consumer’s credit report “is a poor predictor of whether they will repay a loan.”  

Read Full Article: New rule would remove medical debt from millions of credit reports