interest

An update on the Rolling Jubilee: Occupy Wall Street reports that the show's over – with enough raised to abolish over $5,000,000 of debt! Keep the Jubilee rolling: click here to donate! People shouldn’t have to go into debt for an Read more...
Federal watchdog says mortgage giant had no coordinated plan to bet against homeowners, though Freddie held billions of dollars of investments that paid off if borrowers stayed stuck in high-interest loans. Read more...
Rolling Stone’s Matt Taibbi spoke to Democracy Now! on July 19, where he discussed the pattern of systemic corruption by 16 banks accused of rigging a key global interest rate used in contracts worth trillions of dollars. Read more...
A march against rising U.S. student loan debt now exceeding $1 trillion: To make the night more interesting, people put on makeup and assumed the roles of debt zombies, consumers forever enslaved to debt. Activist and performance artist Read more...
Originally posted to ProPublica by Marian Wang: A few months after he buried his son, Francisco Reynoso began getting notices in the mail. Then the debt collectors came calling. "They would say, 'We don't care what happened with your Read more...

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Good morning! It's Monday, April 30th, and tomorrow is the General Strike. Are you ready? Read more...
Our nation has taken yet another giant step backwards with the criminalization of poverty... Read more...