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Last month, IndexCreditCards.com asked, " Are you embarrassed by your credit card balances and credit score? " The question was prompted by a survey from the National Foundation for Credit Counseling that found three times more consumers being ashamed of their card balances than their weight.
In the media
Peter Andrew
In a 2006 Saturday Night Live sketch, Chris Parnell sums up the conventional wisdom about credit card debt: Did you know millions of Americans live with debt they can not control? That's why I've developed this unique new program for managing your debt. It's called Don't Buy Stuff You Can't Afford.
In the media
Sean McElwee
All across the country, public services are increasingly outsourced to private contractors in the name of efficiency and cost savings. But a new report from the non-profit research group In the Public Interest (ITPI) shows that outsourcing public services hurts middle and working class communities
In the media
Mary Bottari
In a 2006 “Saturday Night Live” sketch, Chris Parnell sums up the conventional wisdom about credit card debt: “Did you know millions of Americans live with debt they can not control? That’s why I’ve developed this unique new program for managing your debt. It’s called, Don’t Buy Stuff You Can’t
In the media
Sean McElwee
New York, NY – The national public policy organization Demos has released a new report that examines the underlying reasons why some Americans have credit card debt and finds further evidence that, contrary to popular belief, indebted households are not the product of less responsible spending
Press release/statement
Currently under consideration by state legislature, SB 975 is the third attempt to legalize payday loans (PDLs) in Pennsylvania since 2010. It claims to accommodate many of the criticisms against its predecessors, but the tweaks are superficial, and the basic impasse remains: that which makes payday
Blog
Jack Grauer
Biola Jeje, 22, graduated Brooklyn College last May with a degree in political science and a mission: Force lawmakers to address the $1.2 trillion student debt crisis. [...] Jeje left college with $9,500 in student loans, less than half the $29,400 national average for four-year college graduates
In the media
Patricia Sabga
NEW YORK, NY—Today, national public policy organization Demos released a new report detailing the impact of state disinvestment in higher education since the beginning of the Great Recession. The report release coincides with the launch of Higher Ed, Not Debt, a campaign with over 60 organizations
Press release/statement
This week, the Federal Reserve Bank of New York offered continuing evidence of the student debt crisis. Outstanding student debt again topped $1 trillion in the fourth quarter of 2013, making it the second-largest pool of debt in the nation behind mortgages. This has tripled in just a decade, as
In the media
David Dayen
Demos Vice President of Policy and Outreach Heather McGhee voices support for Senator Warren's Equal Employment for
In the media