Faith Communities Are Paying Off People’s Payday Lending Financial Obligation

Faith Communities Are Paying Off People’s Payday Lending Financial Obligation

Texas leads the country in payday financing and automobile name loan organizations with over 3,000 storefronts over the state. Payday loan providers are both a blessing and a curse: using one hand, a need is met by them; in the other, they are doing so through sky-high interest rates.That’s why communities of faith are receiving mixed up in work to raised regulate them. But should faith leaders try cash issues?

John Hill is by using the United Methodist Church. He claims faith leaders are commanded to get economic justice.

“there is really no wiggle space with this,” Hill claims. Continue reading

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