Froma Harrop: payday advances crushing the souls of borrowers. The mortgage Shark Protection Act would restrict the interest charged on charge cards to 15 per cent.

Froma Harrop: payday advances crushing the souls of borrowers. The mortgage Shark Protection Act would restrict the interest charged on charge cards to 15 per cent. The mortgage Shark Protection Act would limit the interest charged on charge cards to 15 per cent. A 15 per cent limit would too lower. Too bad the bill’s […]

Catholics leaders in US call for nationwide limit on pay day loan interest

Catholics leaders in US call for nationwide limit on pay day loan interest Catholics in america are pushing for the nationwide, bipartisan bill that will restrict the attention price on payday and automobile title loans. “Payday financing is present day usury. These short-term, high-interest loans prey on the hardship that is financial of and susceptible […]