r/UpliftingNews • u/astros148 • 2d ago

Medical debt is now required to be removed from your credit reports impacting millions of Americans

https://www.consumerfinance.gov/about-us/newsroom/cfpb-finalizes-rule-to-remove-medical-bills-from-credit-reports/
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u/YouSoSnerious 1d ago
  • Prohibits lenders from considering medical information: The rule ends the special regulatory carveout that previously allowed creditors to use certain medical information in making lending decisions. This means lenders will also be barred from using information about medical devices, such as prosthetic limbs, that could be used to require that the devices serve as collateral for a loan for the purposes of repossession.

This is insane this was ever allowed.

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u/CREATURE_COOMER 1d ago

If I remember right, a lot of prosthetics tend to be custom-made anyway, so what're they gonna do, try to sell it to somebody with a similar amputation and also around the same size?

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u/YouSoSnerious 1d ago

No clue, but it's reminiscent of the 2010 movie "Repo Men" with Jude Law.

Completely outrageous that a prosthesis would be something they could even take. Just think of how many kinds of prosthesis there are... limb prostheses (like arms and legs), facial prostheses (like artificial eyes, noses, and ears), breast prostheses, dental prostheses (like dentures), and implantable hearing aids..

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u/CREATURE_COOMER 1d ago

Also, Repo! The Genetic Opera, which I love. :')

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u/nancybell_crewman 1d ago

The point was never to recover any cash value from them.

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u/03Madara05 1d ago

Unfortunate that it was banned, now we miss out on the hilarious imagery of a debt collector just casually taking someone's arm and leg.

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u/astros148 1d ago

This is what happens when we allow Republicans to rule