Dave Ramsey Purchases $10M in Distressed Debt for $259K and Forgives It as a Christmas Initiative
Dave Ramsey bought $10 million in distressed consumer debt for $259,000 and forgave it as a Christmas gift for his employees, who were tasked with calling debtors to inform them of the debt forgiveness. The initiative was described as emotionally impactful for both employees and debtors.
Topics: corporate social responsibility debt forgiveness employee initiatives personal finance