News Archives - Faith for Just Lending

Auto Title Lending: Plundering and Devouring the Poor?

lendjustlyadmin - Dec 3, 2015

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

lendjustlyadmin - Jul 31, 2020

Bishop Rodriguez: Payday lending leads to cycle of debt

lendjustlyadmin - Apr 5, 2016

Covenant College talk raises warnings about payday lending

lendjustlyadmin - Dec 3, 2015

Predatory lending may be legal, but it’s not right

lendjustlyadmin - May 27, 2016

Cooperative Baptist Fellowship highlights payday lending in Fellowship magazine

lendjustlyadmin - Nov 25, 2014

Lotteries, payday lending, and the swindling of America’s poor

lendjustlyadmin - Jul 10, 2015

Catholic News Service: Payday lending a top obstacle to financial independence...

lendjustlyadmin - Feb 21, 2015

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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 ask Congress to defend CFPB Payday Rule

Faith leaders join consumer advocates to push for lower payday loan rates

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

Faith leaders call for end to abusive payday lending practices

Springfield church, credit union create payday loan alternatives for area poor