The Trump administration is advancing efforts to dismantle state laws that safeguard consumer credit reports against medical debts. The Consumer Financial Protection Bureau (CFPB) is reinterpreting the Fair Credit Reporting Act (FCRA) to assert federal authority over state regulations, specifically concerning how debts are reported to major credit agencies such as Experian, Equifax, and TransUnion.

This move reverses previous regulations enacted during the Biden administration, which permitted states to enforce their own credit reporting restrictions. States like New York and Delaware, which have barred the reporting of medical debt on credit accounts, are among those affected. Medical debt often represents a significant and contested portion of consumer credit reports due to delayed insu

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