Friday, February 14, 2020

Catholics leaders in US call for nationwide limit on payday loan interest

Catholics in the US are pushing for a national, bipartisan bill that would limit the interest rate on payday and car title loans. “Payday lending is modern day usury. These short-term, high-interest loans prey on the financial hardship of poor and vulnerable consumers – all for the sake of big profits, which only come when…Read More



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via Blog – Catholic Conference of Oklahoma