{"id":10822,"date":"2025-01-08T00:36:47","date_gmt":"2025-01-08T05:36:47","guid":{"rendered":"https:\/\/nationalfairhousing.org\/?p=10822"},"modified":"2025-02-01T14:05:50","modified_gmt":"2025-02-01T19:05:50","slug":"10822-2","status":"publish","type":"post","link":"https:\/\/nationalfairhousing.org\/10822-2\/","title":{"rendered":"CFPB Rule Eliminating Medical Debt Creates Fairer Access to Credit"},"content":{"rendered":"\n<p class=\"content-wrap-item post__paragraph\"><strong>FOR IMMEDIATE RELEASE&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\">January 7, 2025<\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\"><strong>Media Contact:&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\"><a href=\"mailto:NFHA@skdknick.com\">NFHA@skdknick.com<\/a>&nbsp;<\/p>\n\n\n\n<h1 class=\"content-wrap-item post__heading post__heading-undefined wp-block-heading\">CFPB Rule Eliminating Medical Debt Creates Fairer Access to Credit<\/h1>\n\n\n\n<p class=\"content-wrap-item post__paragraph\"><strong>Washington, D.C. \u2013&nbsp;<\/strong>Today, the National Fair Housing Alliance\u00ae (NFHA\u2122) released the following statement from Nikitra Bailey, Executive Vice President at the National Fair Housing Alliance in response to the Consumer Financial Protection Bureau (CFPB)&nbsp;<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/url.us.m.mimecastprotect.com\/s\/VWb0Co29PmH68pYs1fQSpEus5\">finalizing a rule<\/a>&nbsp;to remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans:<\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\">\u201cThe National Fair Housing Alliance applauds the Consumer Financial Protection Bureau (CFPB)\u2019s final rule banning medical debt from credit reports,\u201d said\u00a0<strong>Nikitra Bailey, executive vice president of the National Fair Housing Alliance<\/strong>.\u00a0\u201cMedical debt devastates the budgets of millions of families, especially those living in the South making it difficult for people living in the region to secure quality credit opportunities to purchase a home, start a business, or finance a car to get to work. It also disproportionately impacts Black and Latino consumers who are more likely to lack wealth to immediately address surprise medical expenses because they were long denied fair housing and lending opportunities. These medical debts can then result in collections reported on their credit reports, although the medical debts are not an accurate reflection of the consumer\u2019s ability or willingness to repay debts. The CFPB\u2019s final rule will help provide a more equitable path to access to credit and therefore further stimulate economic growth, especially in the South.\u201d<\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\"><\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\"><strong>About the National Fair Housing Alliance<\/strong><\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\">The National Fair Housing Alliance (NFHA) is the country\u2019s only national civil rights organization dedicated solely to eliminating all forms of housing and lending discrimination and ensuring equal opportunities for all people. As the trade association for over 170 fair housing and justice-centered organizations and individuals throughout the U.S. and its territories, NFHA works to dismantle longstanding barriers to equity and build diverse, inclusive, well-resourced communities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FOR IMMEDIATE RELEASE&nbsp; January 7, 2025 Media Contact:&nbsp; NFHA@skdknick.com&nbsp; CFPB Rule Eliminating Medical Debt Creates Fairer Access to Credit Washington, D.C. \u2013&nbsp;Today, the National Fair Housing Alliance\u00ae (NFHA\u2122) released the following statement from Nikitra Bailey, Executive Vice President at the National Fair Housing Alliance in response to the Consumer Financial Protection Bureau (CFPB)&nbsp;finalizing a rule&nbsp;to [&hellip;]<\/p>\n","protected":false},"author":433,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-10822","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CFPB Rule Eliminating Medical Debt Creates Fairer Access to Credit - NFHA<\/title>\n<meta name=\"description\" content=\"FOR IMMEDIATE RELEASE&nbsp; January 7, 2025 Media Contact:&nbsp; NFHA@skdknick.com&nbsp; CFPB Rule Eliminating Medical Debt Creates Fairer Access to Credit Washington, D.C. \u2013&nbsp;Today, the National Fair Housing Alliance\u00ae (NFHA\u2122) released the following statement from Nikitra Bailey, Executive Vice President at the National Fair Housing Alliance in response to the Consumer Financial Protection Bureau (CFPB)&nbsp;finalizing a rule&nbsp;to [&hellip;]\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalfairhousing.org\/10822-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CFPB Rule Eliminating Medical Debt Creates Fairer Access to Credit - NFHA\" \/>\n<meta property=\"og:description\" content=\"FOR IMMEDIATE RELEASE&nbsp; January 7, 2025 Media Contact:&nbsp; NFHA@skdknick.com&nbsp; CFPB Rule Eliminating Medical Debt Creates Fairer Access to Credit Washington, D.C. \u2013&nbsp;Today, the National Fair Housing Alliance\u00ae (NFHA\u2122) released the following statement from Nikitra Bailey, Executive Vice President at the National Fair Housing Alliance in response to the Consumer Financial Protection Bureau (CFPB)&nbsp;finalizing a rule&nbsp;to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalfairhousing.org\/10822-2\/\" \/>\n<meta property=\"og:site_name\" content=\"NFHA\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-08T05:36:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-01T19:05:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalfairhousing.org\/wp-content\/uploads\/2022\/03\/NFHA_full_purple.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Rachel VanArsdale\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rachel VanArsdale\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalfairhousing.org\/10822-2\/\",\"url\":\"https:\/\/nationalfairhousing.org\/10822-2\/\",\"name\":\"CFPB Rule Eliminating Medical Debt Creates Fairer Access to Credit - NFHA\",\"isPartOf\":{\"@id\":\"https:\/\/nationalfairhousing.org\/#website\"},\"datePublished\":\"2025-01-08T05:36:47+00:00\",\"dateModified\":\"2025-02-01T19:05:50+00:00\",\"author\":{\"@id\":\"https:\/\/nationalfairhousing.org\/#\/schema\/person\/64e3544bbe22ab5e14209fcb54763103\"},\"breadcrumb\":{\"@id\":\"https:\/\/nationalfairhousing.org\/10822-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalfairhousing.org\/10822-2\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalfairhousing.org\/10822-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalfairhousing.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CFPB Rule Eliminating Medical Debt Creates Fairer Access to Credit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalfairhousing.org\/#website\",\"url\":\"https:\/\/nationalfairhousing.org\/\",\"name\":\"NFHA\",\"description\":\"National Fair Housing Alliance\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalfairhousing.org\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalfairhousing.org\/#\/schema\/person\/64e3544bbe22ab5e14209fcb54763103\",\"name\":\"Rachel VanArsdale\",\"url\":\"https:\/\/nationalfairhousing.org\/author\/rachelvanarsdale\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CFPB Rule Eliminating Medical Debt Creates Fairer Access to Credit - NFHA","description":"FOR IMMEDIATE RELEASE&nbsp; January 7, 2025 Media Contact:&nbsp; NFHA@skdknick.com&nbsp; CFPB Rule Eliminating Medical Debt Creates Fairer Access to Credit Washington, D.C. \u2013&nbsp;Today, the National Fair Housing Alliance\u00ae (NFHA\u2122) released the following statement from Nikitra Bailey, Executive Vice President at the National Fair Housing Alliance in response to the Consumer Financial Protection Bureau (CFPB)&nbsp;finalizing a rule&nbsp;to [&hellip;]","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalfairhousing.org\/10822-2\/","og_locale":"en_US","og_type":"article","og_title":"CFPB Rule Eliminating Medical Debt Creates Fairer Access to Credit - NFHA","og_description":"FOR IMMEDIATE RELEASE&nbsp; January 7, 2025 Media Contact:&nbsp; NFHA@skdknick.com&nbsp; CFPB Rule Eliminating Medical Debt Creates Fairer Access to Credit Washington, D.C. \u2013&nbsp;Today, the National Fair Housing Alliance\u00ae (NFHA\u2122) released the following statement from Nikitra Bailey, Executive Vice President at the National Fair Housing Alliance in response to the Consumer Financial Protection Bureau (CFPB)&nbsp;finalizing a rule&nbsp;to [&hellip;]","og_url":"https:\/\/nationalfairhousing.org\/10822-2\/","og_site_name":"NFHA","article_published_time":"2025-01-08T05:36:47+00:00","article_modified_time":"2025-02-01T19:05:50+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/nationalfairhousing.org\/wp-content\/uploads\/2022\/03\/NFHA_full_purple.png","type":"image\/png"}],"author":"Rachel VanArsdale","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Rachel VanArsdale","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/nationalfairhousing.org\/10822-2\/","url":"https:\/\/nationalfairhousing.org\/10822-2\/","name":"CFPB Rule Eliminating Medical Debt Creates Fairer Access to Credit - NFHA","isPartOf":{"@id":"https:\/\/nationalfairhousing.org\/#website"},"datePublished":"2025-01-08T05:36:47+00:00","dateModified":"2025-02-01T19:05:50+00:00","author":{"@id":"https:\/\/nationalfairhousing.org\/#\/schema\/person\/64e3544bbe22ab5e14209fcb54763103"},"breadcrumb":{"@id":"https:\/\/nationalfairhousing.org\/10822-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationalfairhousing.org\/10822-2\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nationalfairhousing.org\/10822-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationalfairhousing.org\/"},{"@type":"ListItem","position":2,"name":"CFPB Rule Eliminating Medical Debt Creates Fairer Access to Credit"}]},{"@type":"WebSite","@id":"https:\/\/nationalfairhousing.org\/#website","url":"https:\/\/nationalfairhousing.org\/","name":"NFHA","description":"National Fair Housing Alliance","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationalfairhousing.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/nationalfairhousing.org\/#\/schema\/person\/64e3544bbe22ab5e14209fcb54763103","name":"Rachel VanArsdale","url":"https:\/\/nationalfairhousing.org\/author\/rachelvanarsdale\/"}]}},"_links":{"self":[{"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/posts\/10822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/users\/433"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/comments?post=10822"}],"version-history":[{"count":4,"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/posts\/10822\/revisions"}],"predecessor-version":[{"id":10913,"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/posts\/10822\/revisions\/10913"}],"wp:attachment":[{"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/media?parent=10822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/categories?post=10822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/tags?post=10822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}