credit reporting

Credit bureau CEOs face tough questions at Senate hearing; Democrats push to remove medical debt

BY: - May 2, 2023

WASHINGTON — U.S. Senators grilled the executives of three major credit reporting bureaus last Thursday on whether their practices are transparent and fair to consumers, with Democrats frequently pressing the CEOs to remove medical debt from the reports.   Ohio Democratic Sen. Sherrod Brown, chair of the Senate Committee on Banking, Housing, and Urban Affairs, said […]

Medical debt sunk her credit. New changes from the credit reporting agencies won’t help.

BY: - October 10, 2022

This story was originally published in Kaiser Health News. CHARLOTTE, N.C. — After a year of chemo and radiation, doctors told Penelope “Penny” Wingard in 2014 that her breast cancer was in remission. She’d been praying for this good news. But it also meant she no longer qualified for a program in her state that […]