Alberto Lugo Jr. appears in the front of many of the mortgage organizations he borrowed funds from showing “stop” in indication language. The strip focus on Ayers road is peppered with payday and automobile title loan providers.
Mary Cottingham, Southern Texas Catholic
Lugo isn’t alone. Nearly every customer of Catholic Charities”‘ Representative Payee Program has dropped prey to payday and auto name loan providers whom discover the disadvantaged and also the disabled as simple markings.
from caseworkers attending a workshop that is payday-lending by Catholic Charities earlier when you look at the 12 months:
In accordance with the Texas Catholic Conference, “payday loans are marketed as short-term cash that is small for unanticipated, discrete expenses. (more…)