Vicki K. Brown
Vicki K. Brown is an author at Religion News Service.
All Stories by Vicki K. Brown
Religious groups stand against payday lending practices
By Vicki K. Brown — May 7, 2012
(RNS) People of faith are trying to rein in loan practices they believe take advantage of borrowers often least able to pay. They point to people like Amanda of Jefferson City, Mo., who took out a short-term loan—often called a payday advance—to pay a bill. She ended up taking out another loan to cover the […]
Many still struggle with payday loans
By Vicki K. Brown — May 7, 2012
Payday loans are often easier to obtain than traditional loans. Lenders either do not perform a credit check or have fewer restrictions to qualify. The Durham, N.C.-based Center for Responsible Lending estimates 12 million people get trapped in debt every year because of high interest.
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