Archive by Category "New York Payday Loan"

A Moral Case for Putting an end to Payday Lending Abuses

A Moral Case for Putting an end to Payday Lending Abuses

Today, we hosted an extraordinary number of spiritual leaders from around the united states at the White home to talk about the necessity for stronger customer defenses, especially in the payday lending and short-term customer loan areas. These leaders represent a diverse variety of faith traditions – from Southern Baptists to Reform Judaism – and several traveled right right right here from all over the united states. But wherever they originated in or their faith that is particular tradition they share a typical objective of doing right by the communities they provide.

We heard through the team by what they have been seeing within their communities, including particular heart-wrenching tales of people in their congregations whoever everyday lives have already been devastated by usurious loans. We heard their strategies for action to handle the abuses in payday financing which are visiting difficulty upon their communities.

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