University Study Credits DAI with Blocking Arlington Payday Lending

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[Excerpt below from page 81 of study linked below]

“Catholic congregations and leaders…were central in the push for payday lending reform in nearby Arlington. Father Daniel Kelley of St. Joseph Catholic Church was particularly influential.  In addition, the Texas Catholic Conference, the public policy voice of Texas’ Catholic bishops, worked directly on payday lending reform at the state and local level, and also participated in Dallas Area Interfaith and Faith Leaders for Fair Lending.

Hearing stories from borrowers who sought assistance from Catholic charitable organizations helped generate interest in the payday issue among Catholic leaders.  The religion’s long‐standing antipathy to usury provided these leaders with a ready‐made framework for opposing payday loans….”

Power of Community Action: Anti-Payday Loan Ordinances in Three Metropolitan Areas, University of Utah & University of New Mexico

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