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Protect Borrowers

@BorrowerJustice

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Following
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Protect Borrowers (fka—SBPC). We protect people from predatory lenders & fight for an economy where debt doesn’t limit opportunity.🗞️[email protected]

Joined July 2018
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@BorrowerJustice
Protect Borrowers
17 days
🚨NEW LAWSUIT: We're taking the Trump-Vance Admin to court over its illegal PSLF rule. The rule lets ED disqualify govt & nonprofit employers they disagree w/ politically—it's aimed at silencing dissent & dismantling civil society. We're fighting back. https://t.co/0mlGp5sLNf
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@BorrowerJustice
Protect Borrowers
14 hours
Corrupt corporations and broken public programs trap Americans in cycles of debt. We deserve an economy that puts people first.
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@BorrowerJustice
Protect Borrowers
23 hours
Thanks to the cruel actions of the Trump Admin and their allies in Congress, Americans may now have MILLIONS of dollars in medical debt back on their credit reports… meanwhile health insurance premiums are set to double next year. @jennzhang_
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@BorrowerJustice
Protect Borrowers
2 days
Today, the Trump admin announced plans to continue its unlawful dismantling of @usedgov. A statement: https://t.co/pX2j6ZF2ni
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@BorrowerJustice
Protect Borrowers
2 days
Wall Street and private student lenders turned the promises of higher education into a payday. Private student lenders profit off students’ dreams while families drown in student debt.
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@BorrowerJustice
Protect Borrowers
3 days
🎉 VICTORY! @COAttnyGeneral reached a settlement w/ PetSmart involving Training Repayment Agreement Provisions (TRAPs) that threatened pet groomers w/ THOUSANDS OF DOLLARS in debt for quitting early. More states must follow this lead in the fight against employer-driven debt!
@COAttnyGeneral
Colorado Attorney General
7 days
Today, AG Phil Weiser announced a proposed settlement with PetSmart resolving allegations of deceptive training programs that prevented employees from leaving the company for years, or risk paying thousands of dollars: https://t.co/CJMZYZYUUl
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@BorrowerJustice
Protect Borrowers
3 days
@RepYassAnsari @millennial_debt @jmargetta @TCFdotorg Families should never have to worry about keeping the lights on or staying warm over winter. Rising energy costs are driven by back-room deals between corrupt energy executives & the tech giants fueling the A.I. data center boom. Cancel utility debt now. https://t.co/CMf5uTt33q
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protectborrowers.org
Analysis finds monthly energy bills have climbed 35% since 2022; under Trump 2.0, number of households with severely overdue utility debt jumped by 117,000.
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@BorrowerJustice
Protect Borrowers
3 days
@RepYassAnsari @millennial_debt “Rising costs for consumers—which should be treated as a public policy problem—are often shifted into private responsibility through debt. From our study: average monthly utility bills nationwide are $265! That's up 35% since 2022 & 12% since last year.” - @jmargetta, @TCFdotorg
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@BorrowerJustice
Protect Borrowers
3 days
@RepYassAnsari Our @millennial_debt weighs in: Some insights from today's study: - Monthly payments have spiked the past 3 years - A typical family pays $3k+ in utility bills /year - A family behind on utility bills owes $789 on average Rising energy costs are pushing families into the red.
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@BorrowerJustice
Protect Borrowers
3 days
@RepYassAnsari brought the receipts: “Since 2020, utility costs have skyrocketed 🚀 increasing by 35%. As a result, 14 MILLION Americans are drowning in severe utility debt.”
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@BorrowerJustice
Protect Borrowers
3 days
14 million Americans have utility debt in or heading to collections—nearly 1 in 20 households nationwide, climbing to 1 in 12 in parts of the South and Appalachia. This winter, millions face power shutoffs and credit damage over a basic necessity.
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@joshboak
Josh Boak
3 days
Past due balances to utility companies jumped 9.7% annually to $789, said The Century Foundation, a liberal think tank, and the advocacy group Protect Borrowers. The increase has overlapped with a 12% jump in monthly energy bills. https://t.co/7i27Uo5DFx
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apnews.com
A new analysis of consumer data shows that more people in the United States are falling behind on their utility bills.
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@BorrowerJustice
Protect Borrowers
3 days
🆕Rising utility costs are taking a toll on American families. New analysis and fact sheets from @TCFdotorg and @BorrowerJustice show an AVALANCHE of household utility debt has been building over the past three years. https://t.co/hG11bbxevJ
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protectborrowers.org
Read our latest report.
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@UALawSchool
The University of Alabama School of Law
3 days
Last month, Alabama Law partnered with @BorrowerJustice and the Equity Research Cooperative to host the Rebuilding Free College Roundtable to discuss how to move toward universal access to higher education in the U.S.
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law.ua.edu
On October 10, The University of Alabama School of Law, Protect Borrowers, and the Equity Research Cooperative partnered to host the Rebuilding Free College Roundtable to begin to address the...
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@kennybauf
Ben Kaufman
3 days
This Week In Debt! A meditation on opacity in lending, followed by news on a big 10th circuit ruling, credit cards, Erebor bank, private student loans, and more!!! My favorite bit: https://t.co/P6CPTGyiKu?
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@BorrowerJustice
Protect Borrowers
4 days
Great Q from @timkaine to @markhuelsman before Senate HELP: The promise of PSLF is important. Weaponizing the program is an attack on nurses, teachers, first responders, and other public service workers across the country.
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@BorrowerJustice
Protect Borrowers
5 days
Credit card banks fearmonger that lowering credit card interest rates would mean the end of rewards and loyalty programs. This common industry lobbyist talking point couldn’t be further from the truth. 👇 https://t.co/qhVmwUlhcJ
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protectborrowers.org
New poll reveals that capping credit card interest rates is more popular than Santa. As families face historically high rates, we break down the overwhelming public demand for action.
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@BorrowerJustice
Protect Borrowers
6 days
Banks call them “𝑠𝑒𝑟𝑣𝑖𝑐𝑒 fees.” But we all know the reality—they’re 𝒋𝒖𝒏𝒌 fees.
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@BorrowerJustice
Protect Borrowers
6 days
People are financially hurting because of the affordability crisis. And they're going to turn to lenders to try to make ends meet. And now the lenders have no incentive to try to follow the laws that the CFPB would be enforcing against them. ❌ @jennzhang_
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@BorrowerJustice
Protect Borrowers
7 days
The harsh reality is that Trump’s “One Big Beautiful Bill Act” (OBBBA) takes from lower-income American families to give more to the wealthiest individuals who have ever lived. https://t.co/NyGQTcDNXz
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@BorrowerJustice
Protect Borrowers
7 days
Predatory Online Program Managers push low-quality programs and turn higher education into their own profit machine.
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