&Quot;Credit Card Debt&Quot;

Does a video on social media offer any evidence of a program that gives people $20,000 so they can use the money to pay off their credit card debt? No, that's not true: The clip only showed two images of some bank account transactions of unknown origin. The Consumer Financial Protection Bureau told Lead Stories there is no such program…

Was it reported in November 2024 that every American was eligible for a $1,000 stimulus check to help combat skyrocketing credit card debt? No, that's not true: The government made no such announcement. An AI detector found substantial evidence that the voice track of a video saying so on social media is the product of artificial intelligence. The claim appeared…

Did the White House announce a new debt-relief program for veterans who owe money on their credit cards? No, that's not true: A video on Facebook that made this claim used a fake screenshot of the White House website to create a misleading impression involving an article supposedly published on July 6, 2024. In reality, the Biden-Harris White House made…

Can anyone under 65 years old qualify to claim a $6,400 Affordable Care Act benefit through the Texas Relief Act? No, that's not true: There is no government program resembling what is described in a Facebook ad. The application process to see if you qualify to claim a "subsidy card" is not an official government website but a referral service…

Does a federal financial relief program bearing the initials of former President Franklin Delano Roosevelt wipe out $25,000 or more in credit card debt for Americans? No, that's not true: Lead Stories found no evidence that the purported "FDR Relief Program" exists or that its promise of financial help is real. The claim appears in multiple Facebook posts, including this…

Is there a government program that is erasing debts for Americans with more than $10,000 in debt? No, that's not true: A video that implies that there is a government program in which Americans can receive such debt relief is just an advertisement. Lead Stories has debunked a similarly misleading ad before. The claim appeared in a video posted to…