Disapproval of Medical Information Use Ban by Financial Companies
This document is a Congressional proposal to reject a new rule that aimed to restrict the use of medical information by creditors and consumer reporting agencies. If Congress approves this proposal, the original rule prohibiting the use of such data will not take effect. This means financial companies may continue to use medical information when assessing creditworthiness or in consumer reports.
Key points
Congress seeks to disapprove a rule that would have protected your medical data from financial companies.
If this proposal passes, creditors and reporting agencies may continue to use your medical information.
Status:
Introduced
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