The customer Financial Protection Bureau has unveiled brand new proposition to protect customers from “debt traps” which are brought on by payday advances.
Rev. Mark Whitlock, executive director of USC Cecil Murray Center for Community Engagement, recently co-wrote an op-ed for United states Banker, giving support to the significance of brand brand brand new laws during the time that is same handling the difficulties they pose for customers of payday advances. Churches in low-income communities should be tangled up in these talks of economic policies and laws simply because they affect their users, Whitlock claims. Continue reading “Let me make it clear about Could Churches Help Solve the Payday Loan Crisis?”