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Venezuelan Boat Attack, Payday Loans, and USAID Fire Sale

The Bulletin

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Predatory Lending and the Cycle of Debt

This chapter explores the pervasive issue of payday loans and the predatory practices that ensnare low-income borrowers. Through personal reflections and expert insights, it highlights the moral implications of exploiting financially vulnerable individuals, while calling for greater church involvement in addressing these injustices. The discussion emphasizes the importance of community support and legislative action to combat the harmful effects of high-interest lending.

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