[The most common complaints] involve claims from consumers that information furnished by these collectors to credit reporting agencies are inaccurate due to errors in billing or slow-moving insurance claims. In fact, the CFPB reports that consumers identifying as having medical debt are more than twice as likely to claim that the debt was paid than consumers with other types of debt. Today the CFPB took steps to ensure that these issues have less impact on consumers and that credit reporting companies are doing their part to ensure consumers’ records are as accurate as possible. Read More ›