payday lending

How to celebrate Christmas: Change the world

By Amy Butler — December 24, 2019
(RNS) — How should we celebrate Christmas? Pay off others' debts, for a start, and dismantle and rebuild systems that keep people in poverty.

White House, faith leaders say ‘moral obligation’ to halt payday loans

By Adelle M. Banks — April 14, 2016
(RNS) They agreed to "do something to stop payday lenders from preying on consumers."

Christians oppose payday loans as ‘sinful’

By Kimberly Winston — April 13, 2016
(RNS) More than 80 percent of Christians believe their states should have laws that regulate payday loans, which have interest rates sometimes as high as 400 percent.

Be wary of (loan) sharks in sheep’s clothing (COMMENTARY)

By Willie Gable Jr. — February 17, 2016
(RNS) A $1 million donation to faith-based and other civil rights groups from a lender who has made a fortune on low-income people of color should be treated with suspicion.

Faith leaders join consumer advocates to push for lower payday loan rates

By Adelle M. Banks — November 19, 2014
WASHINGTON (RNS) Dozens of faith leaders and consumer advocates are urging members of Congress to create a national 36 percent interest rate cap for payday lenders instead of the three-digit rates currently charged to people in several states.

Archbishop blasts British energy companies for price hikes

By Trevor Grundy — October 21, 2013
(RNS) The archbishop of Canterbury condemned Britain’s energy companies for imposing huge price hikes that will hurt struggling families this winter.

Church of England under fire for potential fracking profits

By Trevor Grundy — August 19, 2013
(RNS) Spokesmen for the Church of England deny it is about to invest in controversial fracking explorations, but it is also asserting its rights to mines and minerals under privately owned land.

Following scandal, Archbishop Justin Welby offers to open credit unions

By Trevor Grundy — July 26, 2013
(RNS) Archbishop Justin Welby has offered to open credit unions, which charge much lower annual percentage rates than Wonga, in as many as 16,000 churches.
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