From the Pennsylvania Public Interest Research Group (http://www.pennpirg.org/home): The payday lenders and their lobbyists are back in Harrisburg, working to legalize long-term payday loans, where the average loan could cost over 200% in interest rates and fees. Pennsylvania SB 1379 … Continued
From the PICO National Network (http://www.piconetwork.org): A horrible car accident and Tammie’s broken neck meant that she couldn’t work. With only her husband’s income to support the family, debt piled up. As a pastor, I know that robbing people in … Continued
From the Campaign for America’s Future (http://www.ourfuture.org/): Payday and car title lenders have a simple business model: Gouge the poor and trap the vulnerable in an endless cycle of debt. Can’t pay? They’ll take your car. Need some more time? … Continued
From the Community Action Association of Pennsylvania (http://www.thecaap.org): NOTE: Scroll down for information on contacting legislators. How It Works Payday loans are small-dollar, extremely high-cost loans. They are marketed as a one-time, “quick fix” for people facing a cash crunch. But … Continued