Religious groups are giving the payday lending industry a run for their money.
The new Louisville Loan Club is a way to protect people from the shark pool of payday lenders.
Yesterday, Elizabeth Warren and the new Consumer Financial Protection Bureau convened their first roundtable of religious leaders at the White House. Why does this matter?
[Editor's Note: In the current issue of Sojourners magazine, http://www.sojo.net/index.cfm?action=magazine.article&issue=soj1009&arti...
In a frank admission a year ago, Senator Dick Durbin put it bluntly: "Frankly, the banks run this place." Perhaps they deserve to. After all, they pay enough for the privilege.
As someone who lives in Cleveland -- which in some years is identified as the poorest city in the U.S.