At a time when the country is spending more than ever, there's a hero coming to save us: you and your Venmo wallet.
PayZen’s model relies on buying hospital debt at discount as Republican cuts set to leave millions without insurance
This type of credit card balance can take decades to eliminate, but there are strategies that can help.
The Treasury began accepting Venmo payments a few months ago. Last year, the government received $2.7 million in gifts to pay down the debt.
Of all the things you might use Venmo for — buying drinks, splitting a check with friends, repaying a loan — there's a good chance you've never had "sending the government a gift to help pay the public debt" on your list.
The Treasury will accept Venmo payments from taxpayers who want to contribute to lowering the debt.