Friday, April 19, 2024
Friday, April 19, 2024
Loan Sharks
The Latest
Payday loan expansion means fast money and cycle of debt for Michigan's poor, bishops say
A Michigan proposal to quadruple the maximum lending amount allowed for payday lenders would exploit the poor and trap many... Read more
Nebraskans vote to limit 'exploitative' payday loans
Voters in Nebraska sided with efforts to limit payday loans, passing an initiative Tuesday that the Nebraska Catholic Conference had... Read more
US Catholic bishops lament end to federal limits on payday loans
The revocation of restrictions on payday lenders by the Consumer Financial Protection Bureau exposes poor and vulnerable persons to 'predatory... Read more
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
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
