Unpaid medical debt will no longer affect credit scores, according to a new rule from Biden administration regulators who want to mitigate the financial repercussions of those bills.

The Biden administration finalized a rule Tuesday banning the inclusion of medical debt on credit reports, fulfilling a key priority of President Joe Biden in the waning days of his presidency. But whether the incoming Trump administration or the Republican-controlled Congress will keep the rule is an open question.

The agency said the rule would remove $49 billion in medical debts from the credit reports of about 15 million Americans. It was adopted despite demands from Republicans in Congre

The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.

Joe Biden has blocked unpaid medical bills from appearing on credit reports according to a final rule announced Tuesday by the Biden administration. Unpaid medical bills showing on credit reports can block people from mortgages,

Unpaid medical bills will no longer appear on credit reports, where they can block people from mortgages, car loans or small business loans