Debtless, a nonprofit for debt cancellation

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

[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. 💁‍♀️

[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.

[The Spectator Index @spectatorindex]

UNITED STATES: 12.4% of credit card balances in the United States are now over 90 days delinquent, the highest since 2011.

[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.

[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.

[Debtless, a nonprofit for debt cancellation @debtlessforall]

Investing in debt cancellation = investing in the financial future of the working class

[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

[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.

[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.

[Debtless, a nonprofit for debt cancellation @debtlessforall]

predatory lending final boss

[ducki’s archive 🏳️‍⚧️ @dxckiii]

SLOW DOWNNNNNNNNN @KLARNA

[The Debt Collective 🟥 @StrikeDebt]

Bring back public goods that are free.
Bring back cash assistance and social welfare policies.

[Debtless, a nonprofit for debt cancellation @debtlessforall]

new type of predatory lending just dropped

[More Perfect Union @MorePerfectUS]

DoorDash and Klarna have signed a deal where customers can choose to pay for food deliveries in interest-free installments or deferred options aligned with payday schedules.

[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!?

[Debtless, a nonprofit for debt cancellation @debtlessforall]

a *predatory system 👇

[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!?

[Debtless, a nonprofit for debt cancellation @debtlessforall]

if their plan is to abolish bank regulators and dismantle the CFPB then their goal is to wipe out the middle class

[Debtless, a nonprofit for debt cancellation @debtlessforall]

They could easily be erasing your student loan debt, but they’re too busy erasing history instead.

[No Lie with Brian Tyler Cohen @NoLieWithBTC]

My God. Trump’s Education Secretary pick just said she wants to “take a look at” defunding public schools that teach Black history.

[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.

[Debtless, a nonprofit for debt cancellation @debtlessforall]

when i’m enjoying myself then suddenly remember trump threatening to get rid of the department of education https://t.co/Uvhne7Gyx0

[Debtless, a nonprofit for debt cancellation @debtlessforall]

Only a former record label executive would find a way to spin “artists deserve adequate healthcare” into a bad thing…….

[The Hollywood Reporter @THR]

Guest Column: Chappell Roan's #Grammys speech was a hackneyed and plagiarized script of an artist basking in industry love while broadcasting naïveté and taking aim at the very machine that got her there https://t.co/vfsD1huPOQ

[Debtless, a nonprofit for debt cancellation @debtlessforall]

lawmakers throwing borrowers under the bus to appease big banks <<<<<

[Debtless, a nonprofit for debt cancellation @debtlessforall]

Suspending access to funding for crucial federal programs = toying with the lives of millions of Americans