Name

Debt Collective

Description

Every month, we are forced into debt for basic necessities. We have no choice but to enter into contracts under unfair terms. We have little power to bargain or negotiate. Creditors are holding us hostage. When we can’t meet the terms of the contract, we are harassed, we have our wages garnished, and some of us are even imprisoned. The goal of the Debt Collective is to fight back and transform how basic necessities, such as education, health care, and housing are provided.

Creditors profit from the data they have about our loans. We all owe, but we aren’t always sure who really profits from our loan payments. Who is at the end of that paper trail?

Learn more at http://debtcollective.org

We are the people behind the Rolling Jubilee debt cancellation initiative. We operate according to the principle that individual debts are a burden, but when we stand together they make us powerful. The Debt Collective is the next step in making that vision a reality.

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