This week, Republicans in Congress introduced a resolution to undo a Consumer Financial Protection (CFPB) rule that prevents medical debt from capsizing people’s credit scores. More than 100 million people have medical debt and it shows up on the credit reports of 15 million people.| Americans for Financial Reform
The CFPB’s proposal would prohibit financial companies from forcing consumers to surrender their fundamental rights in take-it-or-leave-it contracts that are used for everyday services such as bank accounts, credit cards, and payment apps on smart phones.| Americans for Financial Reform
Today, the Consumer Financial Protection Bureau (CFPB) finalized its Personal Financial Data Rights proposal, a long-overdue measure that can help create a more consumer-friendly and competitive financial services marketplace.| Americans for Financial Reform
