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Showing Original Post only (View all)Trump restoring medical debt to credit reporting could "wreck credit for millions" [View all]
I say this almost daily...if this move could "wreck credit for millions," it would make Trump smile, because he's NOT just going after Comey and his high-profile "enemies."He wants to "punish" as many Americans as possible for electing Biden in 2020.
Trying to actively harm you: Attorney warns Trump move could wreck credit for millions
https://www.rawstory.com/trump-2674238860/
An attorney specializing in consumer protection is sounding the alarm as the Trump administration prepares to enact a new policy that could tank credit ratings for millions of Americans.
A total of 15 states currently have laws that limit medical debt from impacting individuals' credit scores, laws that were enacted under the Biden administration, which in early 2025 issued a new rule that would have removed all medical debt from credit reports, eliminating an estimated $49 billion in unpaid medical bills from credit reports.
However, the Trump administration is set to issue guidance Tuesday that would roll back the Biden administrations efforts by prohibiting states from withholding individuals medical debt from credit reporting, The Lever reported Monday, a move that could harm millions of Americans, according to Chi Chi Wu, an attorney with the National Consumer Law Center.
ALSO READ: There's one key issue on which Dems can effectively hold GOP feet to the fire now
[The Trump administrations new guidance is] trying to invalidate [state] protections that dont cost anything to anyone, Wu said, speaking with The Lever. Its not just taking a hands-off approach and saying, we wont protect consumers, its saying, we are going to actively harm you.
https://www.rawstory.com/trump-2674238860/
An attorney specializing in consumer protection is sounding the alarm as the Trump administration prepares to enact a new policy that could tank credit ratings for millions of Americans.
A total of 15 states currently have laws that limit medical debt from impacting individuals' credit scores, laws that were enacted under the Biden administration, which in early 2025 issued a new rule that would have removed all medical debt from credit reports, eliminating an estimated $49 billion in unpaid medical bills from credit reports.
However, the Trump administration is set to issue guidance Tuesday that would roll back the Biden administrations efforts by prohibiting states from withholding individuals medical debt from credit reporting, The Lever reported Monday, a move that could harm millions of Americans, according to Chi Chi Wu, an attorney with the National Consumer Law Center.
ALSO READ: There's one key issue on which Dems can effectively hold GOP feet to the fire now
[The Trump administrations new guidance is] trying to invalidate [state] protections that dont cost anything to anyone, Wu said, speaking with The Lever. Its not just taking a hands-off approach and saying, we wont protect consumers, its saying, we are going to actively harm you.
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Trump restoring medical debt to credit reporting could "wreck credit for millions" [View all]
Miles Archer
Tuesday
OP
Yes this is the essence of sadism, power, control, violence, destruction all feel good.
Irish_Dem
Tuesday
#5
He must be one for Psych manuals. Will be using him as topic for classes.
allegorical oracle
Tuesday
#23
Sadism is a personality trait characterized by the enjoyment of inflicting pain, suffering, or humiliation on others.
Irish_Dem
Tuesday
#8
These are the people who willingly sacrifice their own children for the MAGA cause.
Irish_Dem
Tuesday
#13