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St. Paul wipes out nearly $40 million in medical debt
City of St. Paul will eliminate medical debt for 32,000 residents
"It's a win for everyone," St. Paul Mayor Melvin Cater said. "And it's just the beginning." 32,000 people will receive a surprise notice in the mail from St. Paul and Undue Medica
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.
Thousands of Saint Paul residents will soon receive notices of medical debt cancellations
The city of Saint Paul is using funds from the American Rescue Plan to cancel roughly $110 million in medical debt for residents.
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,
11h
on MSN
28% of credit card users are still paying off last year's holiday debt. But that's an improvement
Heading into the peak holiday season, some shoppers are still paying off the gifts they purchased in 2023. Still, Americans, ...
6h
Gildan Is Looking At Selling Debt in Canada for First Time
Gildan Activewear Inc. is looking at selling debt for the first time Canada, and has set up meetings with fixed-income ...
Reuters on MSN
11h
US consumers see lower inflation and debt delinquency risk, NY Fed survey shows
Fed survey shows improved consumer confidence in inflation and job market Inflation expectations for year ahead at 2.9%, ...
5h
on MSN
EchoStar Stock Plunges After Dish Network Debt Holders Spurn Bond Deal Seen As Key To DirecTV Merger
EchoStar stock plunged 13% Tuesday on the news that bondholders of subsidiary Dish Network rejected a proposed debt deal seen ...
4h
Mexico Budget Plans to Include $6 Billion Support for Pemex Debt
Mexico plans to set aside about $6 billion for state oil company Petroleos Mexicanos in its 2025 draft budget, people ...
16h
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 ...
10h
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 ...
6h
Carlyle-Backed Veritas Nears $4 Billion Debt Deal With Creditors
Carlyle Group Inc.-backed Veritas US Inc. is closing in on a deal to restructure $4 billion of debt it owes next year, ...
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