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How high-cost loans are impacting Memphis' Black, Latino communities

A new report from Hope Policy Institute and Black Clergy Collaborative of Memphis shows the impact of high-cost loans and possible solutions.

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Free financial literacy program hopes to get people out of debt


Memphis churches to offer free 12-week financial literacy program
40 churches came together to form the Black Clergy Collective of Memphis after the death of George Floyd.
Author: Jalyn Souchek
Updated: 1:08 PM CDT April 8, 2021
MEMPHIS, Tenn. A free twelve week financial literacy program begins Thursday night. It hopes to get people struggling out of debt and financially empowered. The program is being brought to Memphians virtually for free from the Black Clergy Collective of Memphis.
 “We want to make certain that the Black church, the African-American church, does more than make us happy on Sunday morning, Rev. Darell Harrington said. 
Harrington is a pastor at New Sardis Baptist Church: one of the 40 predominately black churches that came together to form the Black Clergy Collective of Memphis after the death of George Floyd.

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