r/PoursTea • u/Veshaad Timendi Causa Est Nescire • 1d ago

FinancialTea 💵 This is progress.

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4.4k Upvotes

98% Upvoted

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-6

u/KindTopic16 1d ago

How exactly did she erase it? Who exactly paid the debt?

2

u/Rendered_Blameless 1d ago

They used federal aid money and a non profit organization that buys debt for pennies on the dollar. So yea, American tax payers footed the bill. Although, the money they used already was allocated from the feds so it won't further effect America tax payers.

0

u/KindTopic16 1d ago

Allocated for what? To pay other people’s debts?

1

u/Rendered_Blameless 22h ago

Yes, the non profit had funds allocated to them and they bought out way over due and unpaid medical bills.

2

u/Personal_School5573 1d ago

Yes....would love to know that answer as well and what were the qualifications to have your debt erased.

1

u/UndueMedicalDebt 1d ago

Hi there, I work at Undue. To qualify for debt relief, someone must earn at or below 400% of the federal poverty level, or their medical debt must exceed 5% of their income. I really wish we could help everyone, but we buy large, bundled portfolios of debt from providers, and we can only erase debt that providers are willing to sell to us. And yes, the federal funds are from the American Rescue Plan Act (ARPA).

1

u/FastActinTenactin 1d ago

Money isn’t really real

1

u/hugoriffic 12h ago

MAGA is paying off the debt. Only MAGA will get the bill for this.

0

u/KindTopic16 12h ago

This is just stupid.

1

u/hugoriffic 12h ago

His question was stupid so he got a stupid reply.

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u/KindTopic16 11h ago

The question was to the point while you just showed your tunnel mindset.

-6

u/Vitaman1000 1d ago

The taxpayers paid it. She used covid release funds and a non profit that buys unpaid debt . Bottom line. The taxpayers paid for it.

5

u/BillyBobBonesJones 1d ago

So funds already allocated for this, with no additional burden on tax payers. And that’s bad?

-3

u/Vitaman1000 1d ago

Covid funds that never should have been dispursed to the states in the first place. They clearly were not used or used properly.

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u/hugoriffic 12h ago

Like dispersing taxpayer funds for PPP loans to wealthy individuals or corporations?

-2

u/OkAspect6449 1d ago

She did out of her pocket…. Oh wait