Illinois Credit Union League
CFPBRulemakingCFPB-2024-0023

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

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Last modified
Oct 8, 2024
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closed 715d ago
Illinois Credit Union League filings
1

Activity

Illinois Credit Union League filed 1 comment on this docket between Aug 9, 2024 and Aug 9, 2024. 47 other organizations filed here. The comment window closed 715d ago.

What Illinois Credit Union League filed (1)

Aug 9, 2024· Comment from Illinois Credit Union League· CFPB-2024-0023-0786

Filed on regulations.gov — full text not in the inline record.

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) — Illinois Credit Union League | OpenPolis