Money Monday: 'Debt destroyers' have advice for paying it off – WLNS 6 News
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Illinois Erases $1.4 Billion in Medical Debt for Nearly 700,000 Residents Without Applications
Illinois has erased more than $1.4 billion in medical debt for nearly 700,000 residents through a state program that requires no application from patients. People whose qualifying bills are purchased through the program are notified by mail that some or all of the debt has been canceled. Gov. JB Pritzker announced the milestone on October…
Illinois medical debt relief program surpasses $1B goal in two years
by Bernarda Malevska, Capitol News IllinoisOctober 15, 2026 Article Summary Two years after its launch, a state medical debt relief program has erased more than $1.4 billion in debt, exceeding the original goal by $400 million. Almost 700,000 Illinoisans across all counties had medical debt relieved. The state spent less than $10 million to relieve…
New York City woman erased $119 million in medical debt for thousands of Americans. She died at 38, but turned grief of others into relief
Casey McIntyre was only 38 when she lost her life due to stage four ovarian cancer in November 2023. But even as she faced her final days in this world, the New York City book publisher was thinking about the people who were struggling with medical bills that they just could not afford. Her last…
New York City woman erased $119 million in medical debt for thousands of Americans. She died at 38, but turned grief of others into relief
Casey McIntyre was only 38 when she lost her life due to stage four ovarian cancer in November 2023. But even as she faced her final days in this world, the New York City book publisher was thinking about the people who were struggling with medical bills that they just could not afford. Her last…
What happens when you miss a debt payment — and how to recover fast
The consequences of a missed debt payment typically become more serious the longer the account is overdue. BrianAJackson/Getty Images Missing a debt payment can cause some hefty financial issues, but contrary to popular belief, it isn’t always the result of overspending or poor financial planning. In many cases, a missed payment stems from having more…
The “financial advice” trap from groups that “teach debt default.”
Taking advantage of people’s fear of being hounded for debt and inability to repay, these individuals advertise services like “app processing” and “debt blocking,” which pose a risk of borrowers losing more money, having their personal information leaked, or even being drawn into illegal activities. From sharing experiences of “defaulting on debt” to the risk…
How to make a debt payoff plan that actually fits your monthly budget
A successful debt payoff plan should reduce what you owe and leave room in the budget for other expenses. Ming Tung Tang/Getty Images Paying off debt is supposed to improve your financial situation, but for many Americans, the process itself has become another source of financial strain in today’s tough economic landscape. Between the issues…
Can making two credit card payments a month save you money?
Splitting your monthly credit card payments into two can be useful, but will it help you save money on your bill? Getty Images/iStockphoto For the millions of Americans carrying credit card debt, making progress on their balances feels increasingly difficult in today’s landscape. Part of the issue is that the interest rate on the average…
Illinois medical debt relief program surpasses $1B goal in two years
The state has erased over $1.4 billion in medical debt for almost 700,000 Illinoisans for pennies on the dollar, two years after launching a new relief program. At its launch, the Illinois Medical Debt Relief Program aimed to eliminate $1 billion in debt. The state has surpassed that goal by $400 million, spending less than…