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Payday loans - Latest articles

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... Read more

Why the USCCB is speaking out against payday loan rule rollbacks

The Consumer Financial Protection Bureau on Feb. 14 officially proposed to rescind a rule to protect borrowers from predatory lending,... Read more

In bill veto, Oklahoma takes a stand against loan sharks

The governor of Oklahoma vetoed a bill that would have drastically increased the interest rates of payday loans, joining the... Read more

Kansas project helps clients escape the predatory loan cycle

In 2015, Shannon found herself swimming in debt from a title loan. She faithfully made the $200 monthly payments. Unfortunately,... Read more

Money.

What Catholics are doing to help victims of predatory loans

As the federal government considers regulating the infamous “payday loan” industry, Catholics are already acting to help borrowers saddled with... Read more