Payday Lenders

Clip: 8/27/2015 | 8m 30s

They provide quick money when banks do not but do they also target and trap the very poor?

More and more churches in Alabama are opposing the high interest charges of payday lenders. "There’s a moral and ethical injunction starting back in the Old Testament going all the way into the New Testament church,” says Rev. Shannon Webster, pastor of Birmingham’s First Presbyterian Church. “There are injunctions against lending at interest in an exorbitant way."

08/27/2015 | Rating NR

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