Description
In the state of South Carolina, many of our most vulnerable neighbors are being harmed by high-cost lending—specifically payday, auto title, and consumer installment high-interest loans. While these easy-to-get loans may seem like a great solution for a cash shortfall, they often create a vicious cycle of highly destructive debt. South Carolinians of faith are fighting back using new media, social media, and old-fashioned town halls to push lawmakers to cap legal interest rates at 36%. This workshop will share the data about the state of fair lending across the country, ground the issue of usury in our faith, and share resources that have been created in this fight.
