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Debt
Customers of Top Auto Lender Have Been Devastated by Hidden Costs
Exeter, which specializes in subprime lending, makes more money on loans that default than on ones paid on time.
Kenya Protests Against IMF-Backed Reforms Reflect Severity of Global Debt Crisis
Sustainably addressing the present crisis will require a fundamental reform of the global financial architecture.
New Biden Rule Would Ban Medical Debt From Credit Reports
However, critics point out that the new rule fails to address the root of the issue: access to affordable health care.
Local Governments Are Pledging to Cancel Medical Debt for Residents
New York City is the latest to join the growing initiative, pledging to pay down $2 billion in debt.
Student Loan Repayments Weigh on Young People Facing Holiday Spending
Borrowers were already struggling to make ends meet before the pandemic payment pause ended in October.
Debt Activists Bought $10M in Student Debt for $125,000 — and Canceled It All
The move wipes out balances of nearly 3,000 accounts from Morehouse College, a historically Black college in Atlanta.
Insecurity Is a Feature, Not a Bug, of Capitalism. But It Can Spark Resistance.Â
Debt abolitionist Astra Taylor discusses how capitalism’s manufactured insecurity can feed movements for radical change.
The US Government Has Abandoned the Nation’s Poor
Poverty is a policy choice — one the U.S. continues to make despite the suffering of millions.
Debt Abolition Activists Gear Up for Countersummit as World Bank and IMF Meet
Activists from the global movement for debt abolition are converging October 12-15 in Marrakesh, Morocco.
Neocolonial Debt Traps Are Forcing Poorer Countries to Rely on Fossil Fuels
To break our global dependence on fossil fuels, we must take on neocolonial debt, researcher Tess Woolfenden says.