Local churches assist people avoid loan debt that is payday

Local churches assist people avoid loan debt that is payday

SHREVEPORT, La. (KTAL/KMSS) – Six years back, a combined number of Shreveport churches began a course to aid individuals into the Highland community escape pay day loan debt.

Subsequently, the Hand Up loan system has aided a lot more than 80 people secure significantly more than $130,000 in reduced rate of interest loans.

Lots of brand brand new beginnings have now been funded by faith.

“I happened to be on medications. I happened to be on alcohol,” stated Clydell Hall. “Now I have my personal house. I have two automobiles, two jobs.” One particular working jobs are at Highland Center Ministries. It’s where Hall discovered assistance as he desperately required it.

He had been a homeless veteran whom required a car or truck to get at school and work. He had been in a position to get a $2,500 loan through the tactile Hand Up Loan Program.

“ everything we do is come together to offer good, effective options, where they could be involved with a thing that is going to build their credit and build their everyday lives,” said John Henson, Pastor, Church when it comes to Highlands.

Henson isn’t only a pastor it is additionally the best choice of Highland Center Ministries and creator associated with Hand Up Loan Program, which gives a substitute for payday that is high-interest. Continue reading “Local churches assist people avoid loan debt that is payday”