Biden Admin Announces Plan to Ban Medical Debt From Hurting Credit Scores

The Biden administration on Thursday proposed a new rule to ban medical debt from harming credit scores.

Vice President Kamala Harris speaks during a conversation with U.S. actor John Leguizamo, not pictured, during the Congressional Hispanic Caucus Institute Leadership Conference at the Walter E. Washington Convention Center in Washington on Sept. 20, 2023. Brendan Smialowski/AFP via Getty Images

The Biden administration on Thursday announced plans to bar medical debt from negatively impacting the credit scores of millions of Americans.

Vice President Kamala Harris outlined the proposal, telling reporters that unpaid medical debt is held by more than 100 million Americans, contending that it has “harmed people’s credit scores.”