Ensuring just and equitable access to and ownership of one our most vital natural resources—energy—is vital to building a vibrant, inclusive democracy.
Don't use that post-surgery fog as an excuse to ignore medical bills, even if you're still contesting them with your doctor or health insurer. Otherwise, your credit score will need to heal, too.
Medical debt is the most common type of collection account, representing nearly half of all reported collections. Almost 1 in 6 credit reports contain a medical debt collection, according to the Federal Reserve. And about 2 in 5 Americans reported a lower credit rating last year due to unpaid medical bills.
The Guardian has a compelling and distressing profile of the harsh reality of climate change that many already face. The story profiles a village on the west coast of Alaska called Newtok that is surrounded on three sides by the Ninglick River.
The Consumer Finance Protection Bureau (CFPB) recently issued several try-at-home remedies to aid in the struggle against unruly debt collection firms. In a blog post, they introduced:
I value what my dad thinks about things like romance and politics, but I avoid talking to him about education. The university of his memory is generous and forgiving; the student-debt-financial complex of my current experience is not. Example: he could've discharged his education debt in bankruptcy if things didn't work out after he graduated in 1970. Should my career fail, student loans and I will continue to be quite monogamous.
Getting a bankruptcy court to erase student debt is an extremely difficult, expensive and time-consuming legal maneuver.
In the absence of federal leadership, states are taking the lead in the fight against climate change. Maryland Governor Martin O’Malley recently released an ambitious climate change plan that will reduce greenhouse gas emissions 25 percent by 2020, generate $1.6 billion in economic benefits, and support more than 37,000 jobs. The plan has over 150 initiatives that touch on nearly every aspect of the economy from transportation to agriculture to zero waste.
The American middle class has been in trouble for decades, but this was not obvious until the recession of 2008 because consumer purchases held up. How was that possible? The simple answer is that financiers devised ways to loan money that severed the link between profits and middle-class wellbeing.
The CFPB released a report this week that should serve as a reminder of what a functional Congress could accomplish. The report highlights the ways in which the 2009 Credit CARD Act has succeeded. Their findings:
