Religious leaders address the payday loan debt trap

Throughout your city, sharp and deadly traps are being set for the most vulnerable and desperate around you. We need to disable these traps before they snap shut, ruining even more lives.

Payday and auto title lenders promote themselves as a simple and convenient path for people to overcome a one-time cash shortage. Did your car break down? Take out a loan today, get it fixed and pay it off when your check comes in. Need extra cash for your child’s school supplies? No credit check required.

What they promise, in alluring language, is a loan. What they deliver is a lie.

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