Showing posts with tag: Predatory Lending

Emergency Help: Moving From Handouts to Small Loans

A Richmond, Virginia pastor, whose church sits in the midst of an economically struggling neighborhood, often gets calls for emergency help.  He believes loans are better than cash assistance.   Says Rev. Rodney Hunter, “We still provide food or clothing when necessary.  But we’re concerned that it creates dependency. We want to help people help […]

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Payday Lending: Five Actions You Can Take

Millions of Americans without access to traditional financial services rely on check cashers, pawnshops and storefront payday lenders to make ends meet. Payday lenders line the streets of many of our most economically challenged neighborhoods, with names like Easy Money, Always Money and Cash Express. According to the Pew Charitable Trusts, 12 million Americans use […]

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