Debtless, a nonprofit for debt cancellation

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Debtless, a nonprofit for debt cancellation

Debtless, a nonprofit for debt cancellation

@debtlessforall

Disrupting the predatory debt industry through debt cancellation and financial education. #DebtlessForAll

Chicago, IL Katılım Ağustos 2019
257 Takip Edilen398 Takipçiler
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Debtless, a nonprofit for debt cancellation
Debtless, a nonprofit for debt cancellation@debtlessforall·
Guess what? Debtless just canceled another $11 MILLION in debt meaning we've officially canceled over $36 MILLION in predatory debt for more than 33,000 borrowers!!! Our supporters truly make debt cancellation look easy. 💁‍♀️
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Debtless, a nonprofit for debt cancellation
Debtless, a nonprofit for debt cancellation@debtlessforall·
It’s time we be honest about the fact that the debt crisis only keeps getting worse because it’s doing exactly what it was designed to do.
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The Debt Collective 🟥
The Debt Collective 🟥@StrikeDebt·
Have you ever gone to pay your rent and there's a $3 fee on top of rent? Or maybe it costs $10 to pay with a credit card? Yeah. So that convenience/junk fee is actually illegal in several states. Landlords do this all the time — but it's often illegal and makes the lease void.
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The Debt Collective 🟥
The Debt Collective 🟥@StrikeDebt·
No illness or diagnosis should ever put you at risk of losing your housing or having your Social Security check garnished because of the cost to obtain care. We need a complete transformation of our healthcare system to one that is free and universal.
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Debtless, a nonprofit for debt cancellation
Debtless, a nonprofit for debt cancellation@debtlessforall·
with collections on student loans resuming in LESS THAN A WEEK along with the endless list of attacks on student loan borrowers, it’s more important than ever that we prioritize direct debt cancellation efforts full stop
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Student Debt Crisis Center (SDCC)
Student Debt Crisis Center (SDCC)@DebtCrisisOrg·
Starting May 5, collections resume on defaulted student loans, impacting more than 5 million Americans. We urge the administration and lawmakers to stop this and protect folks who are already struggling financially.
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Nina Turner
Nina Turner@ninaturner·
The idea that student debt is held by the wealthy is simply detached from logic and reality. Someone who takes out a loan to go to school is not rich. Someone struggling to pay it back is not rich. These are working class people who are struggling.
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The Debt Collective 🟥
The Debt Collective 🟥@StrikeDebt·
Bring back public goods that are free. Bring back cash assistance and social welfare policies.
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Debtless, a nonprofit for debt cancellation
Debtless, a nonprofit for debt cancellation@debtlessforall·
Predatory lenders don’t actually *want* you to pay off your loans — the goal is to make money off of you for as long as possible. What’s more lucrative for lenders? You paying off your entire debt in a lump sum or never-ending monthly payments with tacked on interest?
Nico The Lowly Tarnished@Nicosaesthetic

So… paying off my student loans made my credit go down… because I saved enough money to pay them all at once… instead of just spending years paying the interest?? Wtf kind of system is this!?

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The Debt Collective 🟥
The Debt Collective 🟥@StrikeDebt·
New: Trump announced his Undersecretary of the Department of Education to be Nicholas Kent––the guy who heads the trade association for all predatory for-profit colleges which takes advantage of veterans, scams single mothers and defrauds folks seeking higher education.
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