Via Liberaland:
It doesn’t get the attention of Benghazi, but the Obama Administration took several actions this week to help consumers. First, from the Consumer Financial Protection Bureau:
Today the Consumer Financial Protection Bureau (CFPB) released a research report that found consumers’ credit scores may be overly penalized for medical debt that goes into collections and shows up on their credit report. According to the study, credit scoring models may underestimate the creditworthiness of consumers who owe medical debt in collections. The scoring models also may not be crediting consumers who re...