Various credit cards are displayed in a picture illustration. The economics task force of the Vatican COVID-19 Commission is drawing attention to the need to help families struggling with debt. (Credit: Maxim Zmeyev/Reuters via CNS.)
ROME The Catholic Churchs advocacy for debt relief is focused primarily on enabling nations with high foreign debt to provide for their people, but the Vatican COVID-19 Commission also is worried about families staggering under debt burdens.
In fact, the commissions economy task force has recommended extensive debt standstills and reductions for indebted households and the training and deployment of debt advisers, including through parishes and Catholic charities, to help households get out of debt.
While m…
Read the full article at: https://cruxnow.com/vatican/2021/08/domestic-peace-vatican-commission-looks-at-impact-of-household-debt/
