Skip to cialis prescription canada Content
the big daddy weave

News & Commentary About All Things Baptist

Search for specific content:
Browse content by category:

Baptists Lead Charge Against Predatory “PayDay” Lenders

Check out my recent column in the March edition of the Baptist Studies Bulletin on some Baptists fighting the good fight against predatory or “payday” lenders in states like Texas.

Here’s a snippet:

Abortion, homosexuality and cheapest price viagra church-state separation.  These are all issues on uk viagra which Baptists have made their diverse opinions loudly known to the public.  But predatory lending is definitely not an issue that many associate with Baptists.

Yet, Baptists in several states have been fighting against the wealthy and powerful multi-billion dollar predatory lending industry in recent years.

At a regional meeting of the New Baptist Covenant in Oklahoma City in 2009, participants learned about the dangers and growing popularity of payday loans, especially among the generic levitra purchase working poor.  Participants heard from Stephen Reeves, public policy director for the Texas Baptist Christian Life Commission, who offered the example of cheap discount online tramadol a military veteran who took out a $4,000 loan against his truck in order to help his daughter.  Unable to pay off the loan in full, the veteran was charged a $1,200 penalty fee per month. “He could pay $1,200 per month forever and never pay off that loan,” according to Reeves.

Keep reading here.

Usury – specifically usury that is legal  – is a rather important issue of fundamental fairness and justice that simply has not received the amount of attention and active emphasis that it is owed.  Let’s change that.

 

Be Sociable, Share!
 — 

Discussion

  1. [...] laws.”“Usury — specifically usury that is legal — is a rather important issue of fundamental fairness and justice that simply has not received the amount of attention and active emphasis that it is [...]

Join the Discussion




*Required


You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>