Jubilee Debt Relief Program

Solidarity and Subsidiarity are two bedrock principles of Catholic Social Teaching, and yet direct financial assistance to fellow Catholics has fallen to the wayside as American culture has degraded. We support our parishes and organizations that protect the unborn and those without basic needs, but little is done to address one of the most vicious plagues on our families: debt.

The Jubilee Debt Relief program offers Catholics with significant personal debt problems a second chance. Credit card debt, personal loans, medical debt, and other high-interest loans are financial burdens that many Catholics struggle to overcome. However, the high rates of interest combined with the absence of truly pro-family economic policy make this struggle much more challenging than it would be in a just society.

Many families have found themselves in this vicious circle with no good way out. The Jubilee Debt Relief program aims to help these families through a 3-step process:

1) Assessment of the family or individual’s financial need and commitment to their parish and to the Church.

2) Relief from all high-interest, uncollateralized debt.

3) Education on household budgeting and tips for avoiding this situation in the future.

If you would like to make a financial contribution or apply for assistance, please see the links below!

How to Apply

If you are interested in applying for assistance, please click the link below to fill out our contact form. We will need some basic information to begin the process.

Recipients must be:
1) Faithful Catholics who assent to the teachings of the Church
2) In serious need of financial help with personal debt (e.g. credit cards, medical debt)
3) Willing to complete financial education designed to put you on the path to financial health for the long term.

You will need:
1) A letter from your priest confirming your demonstrated commitment to the Church’s teachings and to the support of your parish with your time and/or talent.
2) Reliable access to a computer or smartphone and internet.

The Jubilee Debt Relief Program is designed to give Catholics a second chance at financial health in an age of usury and anti-family economic policy. Each family or individual who receives assistance in the program gets one shot at this second chance. You will have access to lifetime free household budgeting assistance, but we will only wipe the debt slate clean once.

How to Contribute

The Jubilee Debt Relief Program cannot exist without the generous support of donors. As Catholics, we know that true charity is willing the good of another. Those who have the means to help their fellow Catholics with temporal needs are bound by the social teaching of the Church to provide such help. The Jubilee Debt Relief Program exists to facilitate compliance with this teaching.

If you would like to contribute, please click here. If you would like more information or to speak to our Director Tony Fernandez about any questions or concerns you have, please click here to email him.

Some frequently asked questions:

Will I be paid back? – No. The Leonine Institute for Catholic Social Teaching is not a financial intermediary and so cannot function in this way. We are not making loans; we are relieving debt.

Can recipients apply for relief more than once? – No. Recipients must complete household budgeting education through the program and are barred from applying for relief more than once. We believe this is a solid incentive to truly make a permanent financial change for the better in the lives of our fellow Catholics.

Are past recipients encouraged to donate? – Yes! As part of their household budgeting education, we discuss the importance of contributions to their parish and to other Catholic causes once they are back on their financial feet.