Do good, and control the evils of predatory banking, pay day loans Opinion
Recently Pope Francis weighed in on usury — the lending of income at excessive rates of interest. “Usury humiliates and kills”, the Pope thought to friends launched to oppose its training. It really is, he included, “a historical and unfortuitously still concealed evil that, such as a snake, strangles its victims.”
Victims of usury in many cases are the working bad and senior on fixed incomes whom whenever up against a economic crisis seek a short-term loan. Some autumn victim to “loan sharks”
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