Attorney General Rob Bonta backed a newly proposed rule that prohibits the reporting of medical debt on credit reports, in a letter to the Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra. The proposed rule aims to relieve millions of people bridled with unexpected or inaccurate medical bills. Bonta, along with several state lawmakers, is sponsoring Senate Bill (SB) 1061, a law that would prevent medical debt from being included on credit reports, protecting consumers from those outstanding charges damaging their creditworthiness.
The post In Letter, Atty Gen. Bonta Steps Up Fight Against Medical Debt Reporting first appeared on Post News Group.