Is This for Real?

Yes! 2020 has been a tough year. A lot of people are struggling financially, and the last thing they need right now is to be hounded by collection agencies. That’s why Ramsey Solutions bought the debt of 8,000 people from two private debt collection companies and completely forgave it. No strings attached. Seriously. That’s $10 million of debt that was in collections—gone! We did this to show people the love of Christ this Christmas season and hope it will jump-start their journey to financial peace!

If you’ve received a call from the Ramsey team that your debt has been forgiven, we’d love to hear your story. Email us at forgiven@daveramsey.com or spread the word on social media using the hashtag

#ForgivenDebt

Who Is Ramsey Solutions?

For the last 30 years, Ramsey Solutions has provided biblically based, commonsense education and empowerment that give HOPE to everyone in every walk of life. Our company is dedicated to teaching people how to:

Get out of debt icon

Get out of debt

Learn to budget icon

Learn to budget

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Build wealth

Frequently Asked Questions

This is NOT a contest or entry for your debt to be forgiven. Keep working those Baby Steps! We have already forgiven the debt of the 8,000 people whose medical and auto debt was in collections with two specific private debt collection agencies.

You’ll be getting a letter in the mail from Ramsey Solutions in the next 3–5 weeks, before the end of the year, to verify your account has been paid off.

Yes. Your zero-balance verification will be in the letter from us, along with a lot more details!

No, we are not responsible for paying the taxable income on your debt payoff.

The letter you get will specifically state which debt this applies to, as well as the account number and balance.

It will be your responsibility to report this debt payoff to credit bureaus. More information will be in the letter you’ll receive from us.

It will be about 30–45 days after you contact the credit bureau.

It might help! But it totally depends on other credit rating issues you may have.

No. This specific debt has already been paid.

No, we’ve already worked directly with a credit agency to pay off THIS specific debt.

No, this only applies to YOU because the debt is in your name.

Nope, this is totally separate! This is us giving back specifically to people whose debt has been in collections.

No, but you can call our team at 888-227-3223 to get answers to other questions you have!

Your letter should arrive by December 31, 2020. If you haven’t gotten a letter from Ramsey Solutions by then, please call our team at 888-227-3223.