CBF, SBC unite against payday loans

Known more for their differences than what they hold in common, Cooperative and Southern Baptists have found a common cause in regulating abusive lending practices that prey upon the poor.

By Bob Allen

The Cooperative Baptist Fellowship and Southern Baptist Convention Ethics and Religious Liberty Commission joined other faith groups May 14 in announcing a new coalition to combat predatory lending.

The new Faith for Just Lending coalition, announced at a press conference in Washington, unites groups from varied backgrounds and traditions in a common belief that just lending is a matter of biblical morality and religious concern.

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