Faith Communities Are Paying Down Individuals’s Payday Lending Financial Obligation

Faith Communities Are Paying Down Individuals’s Payday Lending Financial Obligation

Texas leads the country in payday financing and automobile title loan organizations with over 3,000 storefronts https://guaranteedinstallmentloans.com/payday-loans-ia/ over the state. Payday loan providers are both a blessing and a curse: on a single hand, a need is met by them; in the other, they are doing therefore through sky-high interest rates.That’s why communities of faith are receiving active in the work to higher regulate them. But should faith leaders get involved in cash things? Continue reading “Faith Communities Are Paying Down Individuals’s Payday Lending Financial Obligation”