Religious Leaders Take On Payday Predators
From WVTF Public Radio in Virginia comes a story of religious leaders taking a stand against payday predators.
From his position as minister at Wesley Memorial United Methodist Church in Richmond, Rodney Hunter says he sees firsthand the devastation of predatory lending. He says every month, the church is approached by yet another victim of car-title loans or payday loans, people who come to the church looking for help paying for utilities or making the rent. He says that’s hurting the church and that’s not fair.
“And that’s all we’re asking. Be fair about it. If you are going to do the loan, be fair. Isn’t that the American way, fairness and justice for all?”
Hunter and others are asking the Consumer Finance Protection Bureau (CFPB) to issue a strong rule against payday lending.
For more on payday lending, follow @TNCitizenAction