Payday

Payday

LAMPa Policy Council Sets 2019 Priorities & Elects New Officers

January 3rd, 2019|

The Lutheran Advocacy Ministry in Pennsylvania (LAMPa) Policy Council met on December 6, 2018, to set their agenda priorities for the upcoming term of the Pennsylvania General Assembly. Following a thoughtful, engaging and lengthy conversation among those present the following priorities were identified: Hunger; Creation Care; Poverty; and the 2020

Payday Lenders Thwarted For Now

June 20th, 2018|

Another attempt at passing a  payday lending bill, HB 2429, was recently thwarted in June. Official word came through on June 19 that the House Commerce Committee vote was cancelled because the payday lenders didn’t have the votes to get it out of Committee. Thank you to everyone who worked

A New Payday Bill Looms

June 4th, 2015|

On June 1,  Senator John Yudichak (D), who has co-sponsored payday lenders’ bills in prior sessions, circulated a memorandum urging his colleagues to join him in co-sponsoring legislation that he soon will introduce to legalize a new loan product in Pennsylvania, called the “Pennsylvania Financial Services Credit Ladder.”  The memo is 

A New Payday Loan Effort?

June 2nd, 2014|

Over the last three years payday lenders have attempted to legalize their predatory products in Pennsylvania. Each time they have rechristened the same predatory loan products with names like “short-term loans,” “micro-loans,” and “fresh start.” Each time, payday lenders attempted to bury the high cost of the loans they seek

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