Posted: Thursday, January 7th, 2010 at 5:52 am
Photo Caption: Tom Chapman, the executive director of the Iowa Catholic Conference, joined legislative advocates of payday loan reform at a news conference at the Iowa Statehouse January 5. The organization, which represents Iowa’s Catholics, strongly urges the Legislature to limit the interest rate on payday loans to 36 percent. Military families already enjoy this protection thanks to Congressional action in 2007. Pictured from left, State Senator Joe Bolkcom of Iowa City, Chapman, and State Representative Janet Petersen of Des Moines. (Photo Courtesy of Iowa Senate
press play to hear from Fr. Paul Appel at St. James in Washington
The Iowa Catholic Conference is calling for payday loan reform.
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