American Medical Association
CFPBRulemakingCFPB-2024-0023

Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V)

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Oct 8, 2024
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closed 715d ago
American Medical Association filings
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American Medical Association filed 1 comment on this docket between Aug 12, 2024 and Aug 12, 2024. 47 other organizations filed here. The comment window closed 715d ago.

What American Medical Association filed (1)

Aug 12, 2024· Comment from American Medical Association· CFPB-2024-0023-1000

On behalf of the physician and medical student members of the American Medical Association (AMA), I appreciate the opportunity to offer our comments on the Consumer Financial Protection Bureau's (CFPB) notice of proposed rulemaking: Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V). See attached file(s)

Abstract

SUMMARY: The Consumer Financial Protection Bureau (CFPB) is seeking public comment on a proposed rule amending Regulation V, which implements the Fair Credit Reporting Act (FCRA), concerning medical information. The CFPB is proposing to remove a regulatory exception in Regulation V from the limitation in the FCRA on creditors obtaining or using information on medical debts for credit eligibility determinations. The proposed rule would also provide that a consumer reporting agency generally may not furnish to a creditor a consumer report containing information on medical debt that the creditor is prohibited from using. ADDITIONAL INFORMATION: For more information about commenting on CFPB’s Notices, please visit us at: https://www.consumerfinance.gov/rules-policy/notice-opportunities-comment/commenting-on-notices/

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Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V) (CFPB) — American Medical Association | OpenPolis