Understand and deal with debt

This "Debt Resistors Operations Manual" is a very comprehensive look at debt in the United States and how to emerge from being "crushed under the weight of debt." It is a great tool for anyone in debt to gain a better understanding of systems and ways to break out of a life full of debt.

Written by an "anonymous collective of resistors, defaulters and allies from Strike Debt and Occupy Wall Street," this manual includes explanation on and suggestions to deal with each of the following financial situations:

-Credit card debt

-Medical debt

-Student debt

-Housing debt

-Credit scores/ranking

-Debt collection

-Bankruptcy

The Resistors Manual shares the idea that society can change the way we live, and throw off the restraints of a system that require debt and never-ending burdens. Suggestions include:

-Careful observation of your bills, credit reports/ratings, and a demand for accuracy

-Be vocal about wanting more transparency and regulation for the credit system in your country

-Keep on top of your own numbers (debt, payments, credit score)

-Reject systems that don't work for you (e.g. live without a credit score by using prepaid phones and developing personal relationships with companies/services)

 

Thank you for reading this story…

More people are reading rabble.ca than ever and unlike many news organizations, we have never put up a paywall – at rabble we’ve always believed in making our reporting and analysis free to all, while striving to make it sustainable as well. Media isn’t free to produce. rabble’s total budget is likely less than what big corporate media spend on photocopying (we kid you not!) and we do not have any major foundation, sponsor or angel investor. Our main supporters are people and organizations -- like you. This is why we need your help. You are what keep us sustainable.

rabble.ca has staked its existence on you. We live or die on community support -- your support! We get hundreds of thousands of visitors and we believe in them. We believe in you. We believe people will put in what they can for the greater good. We call that sustainable.

So what is the easy answer for us? Depend on a community of visitors who care passionately about media that amplifies the voices of people struggling for change and justice. It really is that simple. When the people who visit rabble care enough to contribute a bit then it works for everyone.

And so we’re asking you if you could make a donation, right now, to help us carry forward on our mission. Make a donation today.

Comments

We welcome your comments! rabble.ca embraces a pro-human rights, pro-feminist, anti-racist, queer-positive, anti-imperialist and pro-labour stance, and encourages discussions which develop progressive thought. Our full comment policy can be found here. Learn more about Disqus on rabble.ca and your privacy here. Please keep in mind:

Do

  • Tell the truth and avoid rumours.
  • Add context and background.
  • Report typos and logical fallacies.
  • Be respectful.
  • Respect copyright - link to articles.
  • Stay focused. Bring in-depth commentary to our discussion forum, babble.

Don't

  • Use oppressive/offensive language.
  • Libel or defame.
  • Bully or troll.
  • Post spam.
  • Engage trolls. Flag suspect activity instead.