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Does Medical Debt Impact Your Credit Score? And How Much Do You Really Need To Save for a Home

NerdWallet's Smart Money Podcast

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Navigating Medical Debt and Credit Reporting

This chapter examines the recent federal ruling on medical debt's effects on credit scores and previously proposed regulations by the Consumer Financial Protection Bureau (CFPB). It discusses the broader implications for consumers, highlighting changes in treatment of medical debts and the challenges faced by the CFPB in protecting financial rights. The speakers offer practical advice for consumers on managing credit reports amidst evolving financial regulations and the importance of engaging with the CFPB's complaint system.

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