OZARK, Mo. — Pastor Chuck Greenaway is joining a small group of faith leaders from other states with lax “payday loan” regulations to call for action in Washington on Wednesday, by sharing the stories of local families who struggle with short-term lending practices. “It’s very much a Wild West situation,” Chuck Greenaway said. Greenaway is…
by Tom Strode, posted Friday, May 15, 2015 WASHINGTON (BP) — The Southern Baptist Ethics & Religious Liberty Commission has helped launch a religious coalition seeking an end to the predatory loan industry. The ERLC joined with other religious organizations Thursday (May 14) to announce the Faith for Just Lending Coalition at a Capitol Hill…
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…