Medical Debt Relief Act of 2025

The Medical Debt Relief Act of 2025 aims to significantly reform how medical debt impacts consumers' credit. It proposes amendments to the Fair Credit Reporting Act (FCRA) to explicitly prohibit the inclusion of any adverse information related to medical debt on consumer reports, including debts placed for collection or charged to profit or loss. The bill defines "medical debt" as any debt arising from medical services, products, or devices. Furthermore, it directs the Bureau of Consumer Financial Protection (BCFP) to amend existing regulations within one year. These amendments will ensure that creditors are prohibited from obtaining or using a consumer's medical debt information when making decisions about extending credit.