Because of mounting economic problems, staff members at the Washington Office began working on a guide to predatory lending several months ago. We never expected that it would be published in the midst of a major economic crisis. But it is certainly, and unfortunately, timely.
The MCC Washington Office Guide to Predatory Lending gives an overview of three of the main forms of predatory lending: subprime loans, payday lending, and credit cards. It also provides suggestions for ways that Christians can respond and public policy can change in response to predatory lending practices.