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SHREVEPORT, Los Angeles. (KTAL/KMSS) – Six years back, number of Shreveport churches began a course to help individuals within the Highland community escape pay day loan debt.

Ever since then, the tactile Hand Up loan system has assisted a lot more than 80 people secure a lot more than $130,000 in reduced rate of interest loans.

A large number of brand brand new beginnings were funded by faith.

“I became on medications. I happened to be on alcohol,” stated Clydell Hall. “Now I have actually my own home. I have two cars, two jobs.” One particular working jobs are at Highland Center Ministries. It’s where Hall found assistance as he desperately required it.

He had been a veteran that is homeless required a vehicle to get at college and work. He had been in a position to get a $2,500 loan through the tactile Hand Up Loan Program.

“ exactly what we do is come together to give you good, effective options, where they could be involved with a thing that will probably build their credit and build their life,” said John Henson, Pastor, Church when it comes to Highlands.

Henson is not just a pastor it is additionally the best choice of Highland Center Ministries and creator of this Hand Up Loan Program, which offers a substitute for payday that is high-interest.

This program were only available in 2013 july.

“One of y our church people ended up being observing just how many loan that is payday had been right here when you look at the neighborhood,” shared Henson. ” Just searching in just a mile radius of the building there have been 12 businesses which he counted.”