Big changes for credit reporting (including medical debt) - who wins and loses?

The CFPB proposed sweeping changes to the Fair Credit Reporting Act last week.

Introduction 

Overlooked in the fintech news cycle last week was an upcoming proposal from the CFPB that they felt was so big that they brought out Vice-President Kamala Harris for an introduction. As Director Rohit Chopra took the stage, he dropped the bombshell that the CFPB was making changes to the long-standing Fair Credit Reporting Act (FCRA), init…