California AG Rob Bonta, Senator Limón Unveil Legislation to Protect Consumers Against Medical Debt
Senate Bill 1061 seeks to protect consumers from having their credit ruined by prohibiting medical debt from being reported on credit reports.
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Senate Bill 1061 seeks to protect consumers from having their credit ruined by prohibiting medical debt from being reported on credit reports.
Credit reports and scores, tenant and employment screening reports, and other background checks all impact fundamental necessities in a consumer’s life: the ability to rent an apartment or buy a home, obtain insurance, find a job, open or keep a bank account, and obtain fairly priced credit. Yet each one of these categories of “consumer…
Read More about 2024 Credit & Consumer Reporting Priorities to Promote Economic Stability
The President’s emergency order shows that irresponsible data brokers aren’t just a threat to consumers, they’re a threat to national security.
Credit reports and scores reflect stunning racial disparities. Study after study has found that Black and Latino communities have lower credit scores as a group than whites and Asians. The racial disparities in credit scores are due to deep structural factors, created by centuries of intentional and legalized discrimination as well as present-day biases.
A new NCLC Digital Library article looks at widespread implications for consumers using the FCRA to recover damages from federal agencies.
Appearing in The New York Times on Jan. 26, 2024, Ann Carrns talks to Ariel Nelson, staff attorney at NCLC about how renters can increasingly choose to have their timely monthly payments reported to the credit bureaus, with the goal of improving their credit profile to qualify for loans. Consumers should be cautious, said Nelson.…
Read More about The New York Times: More Tenants Can Now Add Rent Payments to Their Credit Score