New York Lawmakers Approve Bill Removing Medical Debt From Credit Reports June 23, 2023 By Maysoon Khan Hospitals and other health care providers in New York would be banned from reporting medical debt to credit agencies under...
Illinois Bill Would Limit Criteria for Setting Auto Insurance Rates February 9, 2023 By Ezra Amacher A bill proposed by an Illinois lawmaker this week would prohibit auto insurers from setting rates based on credit score,...
Startup Loop Wins Funding for Fairer Auto Insurance Rating Model That Uses AI January 19, 2021 Loop, a managing general agency focused on building an auto insurance model that does not utilize credit scores and ZIP...
U.S. Consumer Agency Weighs Update of Rules on Access to Personal Financial Data October 23, 2020 The U.S. Consumer Financial Protection Bureau (CFPB) on Thursday said it is seeking public comment on a proposal to modify...
Equifax Breach Exposed Credit Data of 143 Million U.S. Consumers September 8, 2017 By Yashaswini Swamynathan Equifax Inc, a provider of consumer credit scores, said on Thursday that personal details of as many as 143 million...
Why Millennials’ Credit Scores Are So Low September 3, 2015 By Bobbi Rebell Millennials get plenty of recognition for frugality and their desire to share everything from cars to clothes, but they also...
FICO to Downplay Medical Debt in Credit Scores August 14, 2014 By Amrutha Gayathri and Emily Stephenson A move by personal credit score provider FICO to leave out or discount medical debt from its scores will boost...
A Look at New Insurance Laws Taking Effect in 2013 December 19, 2012 With 2013 just around the corner, a number of states are preparing to implement new insurance-related laws. Insurance Journal highlights...
Consumers Learn High Cost of Being Poor in New Jersey October 15, 2012 More than a decade ago, Joanne Jubert made six figures as an art director for a New York advertising agency....
How Predictive Modeling Has Revolutionized Insurance June 18, 2012 The use of predictive modeling has forever changed the way insurance policies are priced. The revolutionary tool allows insurers to...