$10 Million in Debt Forgiven by Ramsey Solutions for 8,000 People
Nashville, Tenn. Dave Ramsey’s company, Ramsey Solutions, took on the debt of 8,000 people across the country a total of $10 million and completely forgave it.
As America’s trusted voice on money, Dave Ramsey is known for his hard stance against debt. From the beginning, he’s run Ramsey Solutions completely debt-free. But in an act of generosity, his company purchased $10 million of unpaid medical and car debt from two private debt collection companies, in order to forgive it.
Beginning Nov. 9, Dave and his 950 team members made phone calls to let the recipients know their debt had been forgiven. Recipients will also be notified by a letter in the mail within the next five weeks.
Dave Ramsey, Christian personal finance guru, defies COVID-19 to keep staff at desks
Christian personal finance advice celebrity Dave Ramsey, who plans a major, in-person staff Christmas party, sees wearing masks to prevent COVID-19 spread as a sign of fear rather than faith. In this July 29, 2009, file photo, financial guru Dave Ramsey sits in his broadcasting studio in Brentwood, Tenn. Ramsey Solutions later moved to a new corporate headquarters in Franklin. (AP Photo/Josh Anderson, File)
December 11, 2020
They may also be spreading COVID-19.
Ramsey Solutions, the company founded by the bestselling author and radio host, plans to host “Boots & BBQ,” a large in-person Christmas party, for hundreds of staff members at the company’s Franklin, Tennessee, headquarters, despite an outbreak of more than 50 cases at the company’s headquarters as late as mid-November.
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