News Archives - Faith for Just Lending

Press Release: CFPB Weakens Consumer Protections as Nation Struggles Through COVID-19...

lendjustlyadmin - Jul 10, 2020

Faith Leaders Call for Borrower Protections During COVID-19 Crisis

lendjustlyadmin - May 11, 2020

Faith Leaders Ask Congress to Protect Borrowers During COVID-19 Crisis

lendjustlyadmin - Mar 24, 2020

Comments on Proposal to Rescind Ability-to-Repay Requirements

lendjustlyadmin - May 20, 2019

Faith leaders ask Congress to defend CFPB Payday Rule

lendjustlyadmin - Mar 26, 2018

Faith for Just Lending Coalition urges CFPB to strengthen proposed payday...

lendjustlyadmin - Sep 6, 2016

Payday loan rule flawed, say ERLC, others

lendjustlyadmin - Sep 4, 2016

Faith leaders call for end to abusive payday lending practices

lendjustlyadmin - Aug 18, 2016

Beware of Payday Loan Wolves

lendjustlyadmin - Jul 5, 2016

With Payday Loans Burying Borrowers, Community Tries Alternatives

lendjustlyadmin - Jun 16, 2016

12 3...8 Page 1 of 8

Religious Leaders Speak

“We are concerned that our charitable dollars are in fact funding the profits of the payday lenders rather than helping the poor achieve self-sufficiency.”
Bishop Joe Vasquez
Diocese of Austin, Texas

“Jesus wanted people to make a good living, just not take advantage of the poor.”
Pastor Travis Coleman, Jr. Alabama Baptist State Convention President

"Exploiting the working poor with payday lending is an egregious practice that goes against God’s word to help the poor and instead, puts a chokehold on some of America's most vulnerable families.”
Rev. Dr. Billy G. Russell, Pastor Greater Friendship Baptist Church in Minneapolis

“They can tell us that this is just about helping people, but it’s an intentionally crafted defective product that is marketed to the financially unsophisticated. They’re bilking billions of dollars out of poor neighborhoods, and the taxpayers get to clean up the mess.”
Steve Hickey, Pastor, State Representative
(R - South Dakota)

“As evangelicals committed to justice we deeply lament the predatory lending that has disproportionately impacted poor communities. Scripture is clear about its denouncement of usury and calls us to call for laws that defend against it. Silence is not an option.”
Rev. Dr. Gabriel Salguero, Pres., National Latino Evangelical Coalition

News

Faith Leaders Applaud the U.S. Congress for Voting to Overturn OCC’s Harmful Rule Enabling Predatory Lending

Faith for Just Lending Asks Congress to Support the Veterans and Consumers Fair Credit Act

PRESS RELEASE: Faith Leaders Applaud the U.S. Senate for Voting to Overturn OCC’s Harmful Rule Enabling Predatory Lending

Faith Leaders Applaud Congress’ Decision to Challenge OCC’s ‘True Lender’ Rule

Faith Leaders Call on Congress to Protect Borrowers in COVID-19 Relief Legislation