Why Michael Sheen used $130,000 of his own money to buy $1.2m worth of debt owed by people in his hometown
Briefly

Michael Sheen has taken a bold stand against credit debt by using £100,000 of his own funds to purchase and eradicate £1 million of debt affecting 900 people in his hometown. This act, featured in his documentary "Michael Sheen's Secret Million Pound Giveaway," aims to raise awareness about the rising personal debt problems in the UK and US. Sheen is advocating for responsible lending practices, urging banks to offer fair opportunities to the underprivileged who face financial challenges.
Michael Sheen used £100,000 of his own money to buy £1 million worth of debts to raise awareness about credit debt, illustrating his commitment to the cause.
Sheen emphasizes that his actions aim to shed light on how credit companies operate unfairly and to encourage banks to provide affordable credit.
Read at Business Insider
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