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St. Paul wipes out nearly $40 million in medical debt
St. Paul wipes out nearly $40 million in medical debt for 32K residents
St. Paul Mayor Melvin Carter announced on Tuesday that thousands of city residents are getting nearly $40 million of medical debt wiped out.
Carter announces relief of medical debt for thousands of St. Paul residents
St. Paul Mayor Melvin Carter says the goal is to help 43,000 St. Paul residents who are struggling to pay for expenses to become medical debt-free within the year. These people are either considered to be low-income or have very high bills.
How St. Paul is clearing medical debt for 32,000 residents
More than 32,000 St. Paul residents will soon receive letters telling them their unpaid doctor's bills are no longer due. Why it matters: It's not a scam. It's the first round of a city-backed effort to eliminate $100 million in medical debt for unsuspecting community members — no application or action required.
St. Paul to wipe out medical debt for 32,000 residents
St. Paul Mayor Melvin Carter holds up a box of letters set to be sent to residents that will have their medical debts repaid during a news conference at the Capitol on Tuesday. St. Paul officials are sending letters to 32,
CNBC on MSN
5h
28% of credit card users are still paying off last year's holiday debt. But that's an improvement
Still, Americans, overall, are doing better when it comes to managing their credit card
debt
compared to previous years.
U.S. News & World Report
4h
US Consumers See Lower Inflation and Debt Delinquency Risk, NY Fed Survey Shows
(Reuters) - U.S. consumers in October grew more confident about inflation continuing to ease and in the health of the job ...
Business Insider
12h
The Student Debt Trap: Angelina Carvalhal Exposes How Debt Is Delaying Student Futures
Yet for many, they've become gilded cages of
debt
. Angelina Carvahal, CEO of ANC Consulting, has a bold message: It's time ...
8h
Par Pacific: Rolling The Dice With Debt-Funded Share Buybacks
Par Pacific plans to use excess liquidity for share buybacks, potentially increasing capital gains, despite controversial ...
18h
Dish Lenders Reject DirecTV Debt Deal on Eve of Deadline
Dish Network Corp. creditors have rejected the US satellite-television provider’s bond-exchange offer on the eve of a ...
10h
on MSN
Explainer: Is reform of Germany's debt brake on the cards?
A new government beckons in Germany after the implosion of its ruling coalition, but it will face the same question: whether ...
23h
on MSN
Credit card debt among retirees jumps — 'It's alarming,' researcher says
There's been a significant increase in the share of retirees with credit card debt since 2022, according to the Employee ...
3d
They Were Ashamed About Their Debt. Bankruptcy Gave Them a Second Chance.
Many people who should consider filing for bankruptcy avoid doing so out of shame or fear it could ruin their credit. But it ...
19h
Dish Bondholders Reject Debt Swap for Ergen’s DirecTV Merger
A debt exchange key to DirecTV’s plans to merge with Dish is expected to fall short ahead of Tuesday deadline.
Forbes
6d
What Is Debt Consolidation?
Typically,
debt
consolidation involves taking out a new, lower-interest loan and using it to pay off existing debts. If you ...
4h
Wall Street sets record for new supply of bonds tied to consumer debt in 2024
So much for "restrictive" interest rates. Wall Street has already packaged up and sold a record amount of new bonds backed ...
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