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Reading: Verizon clears $10M in debt for North Carolina residents impacted by Hurricane Helene
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The Wall Street Publication > Blog > Personal Finance > Verizon clears $10M in debt for North Carolina residents impacted by Hurricane Helene
Personal Finance

Verizon clears $10M in debt for North Carolina residents impacted by Hurricane Helene

Editorial Board Published February 3, 2025
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Verizon clears M in debt for North Carolina residents impacted by Hurricane Helene
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Try what’s clicking on FoxBusiness.com.

Verizon is teaming up with ForgiveCo to clear $10 million in shopper debt for greater than 6,500 North Carolinians impacted by Hurricane Helene.

The communications firm mentioned the debt reduction marketing campaign is aimed toward aiding with the continuing restoration following the September 2024 storm.

HURRICANE HELENE DEVASTATION COULD COST UP TO $34B, MOODY’S SAYS

ForgiveCo CEO Craig Antico and his son, Erik.  (ForgiveCo)

 “Unpayable debt is a heavy burden that causes hardship for countless hardworking Americans,” mentioned Craig Antico, ForgiveCo Founder and CEO. “Often triggered by sudden medical events or accidents, the impact of natural disasters can further destabilize families and limit opportunities for generations. Through this effort, Verizon will bring transformative change to the lives of North Carolinians in crisis, leaving a lasting mark on future generations.”

North Carolina

Staff, neighborhood members, and enterprise homeowners clear up particles within the aftermath of Hurricane Helene in Marshall, North Carolina on Monday, Sept. 30, 2024.  (Jabin Botsford/The Washington Put up through Getty Pictures / Getty Pictures)

The random act of kindness was along with Verizon’s preliminary $400,000 donation to United Method of North Carolina following the storm.

 “Verizon believes in the power of connection, not only through our technology but through the bonds we build with the communities we serve,” mentioned Leigh Anne Lanier, president of Verizon’s Atlantic South Market. “To the 6,500 individuals impacted by this initiative and the broader Western North Carolina community, we are with you. We will always stand by you, not just as a business, but as a partner and a neighbor.”

NORTH CAROLINA LAWMAKER WARNS HURRICANE HELENE RECOVERY COULD TAKE ‘YEARS’

verizon

On this photograph illustration Verizon Wi-fi emblem seen displayed on a smartphone and within the background. (Picture Illustration by Igor Golovniov/SOPA Pictures/LightRocket through Getty Pictures) (Picture Illustration by Igor Golovniov/SOPA Pictures/LightRocket through Getty Pictures / Getty Pictures)

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“Verizon’s random acts of kindness will lift up thousands of North Carolinians that were left vulnerable to Hurricane Helene’s devastation. These are challenging times, but I’ve seen the strength and resilience of this community. Verizon’s support is a powerful reminder that no one is alone, and together, we’ll rise stronger. It’s a privilege to share this message of hope with the incredible people of North Carolina,” he mentioned.

TAGGED:10MCarolinaclearsdebtHeleneHurricaneimpactedNorthresidentsVerizon
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