A Bailout Of The People By The People. Former Occupy Wall Street Activists Abolished $15 Million Of Americans' Medical Debt
April 3, 2014
Thousands of Americans are free from debt thanks to a grassroots project called Rolling Jubilee.
It has raised $700,000 by crowdsourcing money to buy consumer debt on the secondary debt market for a fraction of its original value. It then spent $300,000 wiping out almost $15 million.
According to Rolling Jubilee's website:
"It was a godsend. I didn't know these people," Kentucky resident Shirley Logsdon told Agence France-Presse, after her medical bill was paid off.
Rolling Jubilee has exceeded expectations. The original goal was to raise $50,000 and abolish $1 million.
To learn more about this movement visit their website, RollingJubilee.org
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