A bill to amend the Fair Credit Reporting Act to institute a 180-day waiting period before medical debt will be reported on a consumer's credit report and to remove paid-off and settled medical debts from credit reports that have been fully paid or settled, to amend the Fair Debt Collection Practices Act to provide a timetable for verification of medical debt and to increase the efficiency of credit markets with more perfect information, and for other purposes.
USA115th CongressS-3351| Senate
| Updated: 8/16/2018
Jeff Merkley
Democratic Senator
Oregon
Cosponsors (6)
Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Medical Debt Relief Act of 2018 This bill amends the Fair Credit Reporting Act and the Fair Debt Collection Practices Act to modify requirements related to the reporting of medical debt. Specifically, a consumer reporting agency may not add certain medical debt information to a consumer credit report. Also, a debt collector may not report certain medical debt information to a consumer reporting agency within a specified time period and must notify the consumer prior to reporting such medical debt.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Finance and Financial Sector
Consumer creditDebt collectionHealth care costs and insurance
A bill to amend the Fair Credit Reporting Act to institute a 180-day waiting period before medical debt will be reported on a consumer's credit report and to remove paid-off and settled medical debts from credit reports that have been fully paid or settled, to amend the Fair Debt Collection Practices Act to provide a timetable for verification of medical debt and to increase the efficiency of credit markets with more perfect information, and for other purposes.
USA115th CongressS-3351| Senate
| Updated: 8/16/2018
Medical Debt Relief Act of 2018 This bill amends the Fair Credit Reporting Act and the Fair Debt Collection Practices Act to modify requirements related to the reporting of medical debt. Specifically, a consumer reporting agency may not add certain medical debt information to a consumer credit report. Also, a debt collector may not report certain medical debt information to a consumer reporting agency within a specified time period and must notify the consumer prior to reporting such medical debt.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jeff Merkley
Democratic Senator
Oregon
Cosponsors (6)
Banking, Housing, and Urban Affairs Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Consumer creditDebt collectionHealth care costs and insurance