Creditworthiness Debt settlement Repossession 
Collection Industry News
APRIL 24, 2025
It will also improve privacy protections and prevent debt collectors from pressuring consumer to pay bills they dont owe. The bureau reports that, even though it leads to thousands of denied loan applications annually, medical debt is a poor predictor of a borrowers creditworthiness.
Collection Industry News
JUNE 10, 2024
It finalized, it would: Remove exceptions that let lenders use information about medical debt to make determinations about someone’s creditworthiness. Prohibit credit reporting agencies from including medical debt on credit reports sent to creditors if the creditor is prohibited from considering it.
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