Rule banning medical debt

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March 17, 2025 at 10:04 am EDT #346885

Annmichele
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Did the CFPB’s rule on banning medical debt go into effect today March 17, 2025? I wasn’t for sure since there is a new director and he had ordered a freeze on all rulemaking and enforcement actions.
Thanks!
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March 18, 2025 at 1:41 pm EDT #346898

Brent V
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A Texas judge issued a 90 day stay on the CFPB’s rule back in February. You can read the order here https://www.consumerfinanceandfintechblog.com/wp-content/uploads/sites/58/2025/02/Texas-Order.pdf
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