Payday advances and Catholic Social Teaching–a contemporary as a type of usury!

Payday advances and Catholic Social Teaching–a contemporary as a type of usury! By Alex Mikulich, Ph.D., JSRI Analysis Fellow An “industry” which includes emerged within the last forty years and that was booming on the final ten years is referred to as “payday lending. ” a cash advance, |loan that is payday often known as …

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