• Tue. Oct 4th, 2022

Month: December 2020

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  • Expansion of payday loans means quick money and cycle of debt for Michigan’s poor, Bishops say

Expansion of payday loans means quick money and cycle of debt for Michigan’s poor, Bishops say

A Michigan proposal to quadruple the maximum loan amount allowed for payday lenders would exploit the poor and trap many in a cycle of debt when alternatives are available, the…