Discover how the final rule from the CDC expands access to the World Trade Center (WTC) Health Program, now including Pentagon and Shanksville responders. This course unpacks the statutory changes, capped at 500 new enrollees, detailing the impact and compliance with...
Impact of CFPB’s Proposed Rule on Medical Debt in Credit Reports
$129.99
The Consumer Financial Protection Bureau (CFPB) is proposing significant changes to Regulation V, impacting how medical debt information is used in credit eligibility determinations. This course provides a thorough understanding of the proposed rule, which seeks to prohibit creditors from using medical debt information and restricts consumer reporting agencies from including it in credit reports. Gain insights into the rationale behind these changes, the expected impact on stakeholders, and the broader implications for consumer privacy and credit markets.
In this course you will learn the following:
* Comprehend the purpose and intent of the proposed rule.
* Recognize the importance of public participation and the process for submitting comments.
* Understand the potential changes and implications of the proposed rule.
NOTE: Unless otherwise indicated, all course purchases are for access to the course for a period of 1-year. At the end of the one year term, the course will be set to “inactive”.
Additional information
| Federal Register Title | Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V). Document Number: 2024-13208 |
|---|---|
| Course SKU | FR-24-911-1 |
| Why This Course Is Important | Without this course, participants may miss out on crucial updates to regulatory practices affecting credit assessments and consumer privacy, particularly the nuances of medical debt's role in credit reporting. |