Grace Presbyterian Church 113 Hargrove Road, Tuscaloosa, AL 35401 205-758-1193

Grace Presbyterian Church Blog

Pay Day Loan Reform Letter Writing Campaign

The Missions, Peace, and Justice team invite you to make your voice heard via this Sunday's (1.21.18) Letter Writing Campaign:

BILL SB 138- the 30 days Bill.  The 30 Days to Pay bill will make a minor change to existing law by adjusting the repayment period for payday loans to 30 days. This bill will: • Give Alabama’s payday borrowers more time to manage their financial resources over the course of the month and repay loans on time; • Reduce the rate at which interest grows and fees pile up, thus reducing the number of debt traps; and • Place payday loans on the same monthly repayment schedule that is typical for virtually all other bills, including rent, utilities, mortgages, and student loan bills.

WHAT:     Letter Writing Campaign
WHEN:     This Sunday, Jan. 21st, following worship
WHERE:   Session Rm.
SUBJECT: Pay Day Loan Reform