Small Business Majority submits comments to CFPB in support of proposed rule to exclude medical debt from credit reports
Date:
Tuesday, August 6, 2024
On August 6, Small Business Majority submitted comments to the Consumer Financial Protection Bureau (CFPB) in support of their proposed rule to remove medical debt from consideration when determining most credit reports. Our comments outline the importance of this rule for expanding access to capital for small business owners and entrepreneurs, who often rely on personal credit products to finance their business needs.