Survey: Christians State Predatory Loans Are Sinful. Many want the national federal government to guard customers from loans with extortionate interest.

Survey: Christians State Predatory Loans Are Sinful. Many want the national federal government to guard customers from loans with extortionate interest.

NASHVILLE, Tenn.—Self-identified Christians in 30 states—from Alabama to Wyoming—say it is a sin to provide money to somebody who can’t manage to repay it.

Many want the federal government to guard customers from loans with exorbitant interest. Nevertheless, 1 in 6 Christians has taken down a payday that is high-interest, while handful of their other believers discover how such loans work or check out the Bible for guidance about reasonable financing.

Those are among the list of findings of a unique survey that is online of’ views of payday financing from LifeWay Research. The research that is nashville-based surveyed 1,000 self-identified Christians in 30 states, most of which have little or no legislation of pay day loans. Continua a leggere Survey: Christians State Predatory Loans Are Sinful. Many want the national federal government to guard customers from loans with extortionate interest.