The devastating consequences of exploitative Payday financing and also the Christian response

The devastating consequences of exploitative Payday financing and also the Christian response

Individual debt and loans that are payday have actually once again filled the pages of this documents this week. They are quickly becoming two for the defining dilemmas of the period of austerity which our nation is certainly going through. The latest report through the Centre for Social Justice think tank released the other day entitled Maxed Out finds that bad individuals are bearing the brunt of a storm which has seen unsecured personal debt very nearly triple within the last twenty years, reaching almost £160 billion today. (more…)