President Joe Biden’s Consumer Financial Protection Bureau (created during the Obama administration) has issued rules that will prevent credit agencies from including data from medical debt in its credit reports. Biden understands that, among other fallout from our very flawed healthcare system, medical debt damages patients’ credit rating, impacting other areas of their lives, and he recognizes that medical debt is not an accurate predictor of a borrower’s likelihood of paying back a loan, The CFPB estimates over 20,000 more people per year will be able to obtain home loans, among other benefits.