Coalition Members from Faith Communities Speak Out

7 12 2009

Coalition Members from Interfaith Communities Call on General Assembly to Act on Payday Loans

Leaders also seek to alert consumers of the dangers of falling into the debt trap during holiday shopping season. 

Kentucky Coalition for Responsible Lending members from interfaith communities across Kentucky at a news conference in Louisville called on members of the General Assembly to enact a new 36% interest rate cap on payday cash advance loans. As coalition members, the faith leaders are pushing for new limits in 2010 General Assembly.

Speaking with the support of Coalition leaders and on behalf of their respective organizations, these included:

Robert J. Castagna, Executive Director

Catholic Conference of Kentucky (Frankfort) – Press Release-Payday loans 12-09

Reverend J. Richard Sullivan, CLOUT Member

Citizens of Louisville United and Organized Together (CLOUT) – CLOUT Press Release_Payday Loan Rate Cap 12_7_09

Reverend Dr. Marian McClure Taylor, Executive Director

Kentucky Council of Churches (Lexington) 



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