Texas Church Drove Out the Predatory Loan Industry!
Reader, kudos to this pastor, I'm really glad to read this article.This article shows two interesting points:
1. The devastating results of predatory lending and 2. The impact of a small collection of unified citizens on the decisions of elected officials.
One thing that still makes me angry when I recall it is the responses from the director of a company engaged in similar lending in Alabama when trying to help a loved one who had paid thousands yet supposedly still owed all and more than the original small amount borrowed. We see these kind of lenders more and more now, with slick funny ads, but it is a sad indicator of social inequality that is fast becoming an issue everywhere.
How a Texas Church Drove Out the Predatory Loan Industry