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…
May 16, 2016 Faith for Just Lending sponsors express thanks, concerns and hopes to the Consumer Financial Protection Bureau Director, Richard Cordray as the CFPB nears its final stages of drafting a payday lending rule. Read the letter from Faith for Just lending sponsors here.
FOR IMMEDIATE RELEASE May 14, 2015 CONTACT: Elizabeth Bristow, press@erlc.com (Ethics & Religious Liberty Commission) Sarah Kropp Brown, skropp@nae.net (National Association of Evangelicals) Aaron Weaver, aweaver@cbf.net (Cooperative Baptist Fellowship) Katie Thompson, katie.thompson@cpjustice.org (Center for Public Justice) Jerlen Young-Nelson, mediarelations@nationalbaptist.com (National Baptist Convention, USA) Kawana Lloyd, klloyd@piconetwork.org (PICO National Network) Religious groups announce coalition to combat…
Jesus begins his public ministry by going to synagogue and reading from the prophet Isaiah. “The Spirit of the Lord is on me because he has anointed me to proclaim good news to the poor. He has sent me to proclaim freedom for the prisoners and recovery of sight for the blind, to set the…
During President Barack Obama’s visit to Birmingham last month, he highlighted the problem of personal debt and how payday lending contributes to it. Obama pointed to the work done by the Rev. Shannon Webster, pastor of First Presbyterian Church of Birmingham, to bring attention to the issue. Read more here at AL.com.
Last week, the National Association of Evangelicals (NAE) joined a list of religious groups that are speaking out about the dangers of payday loans, and in some cases getting into the lending business to give their followers another option. “The Bible speaks strongly against unjust lending and taking advantage of the poor,” said Leith Anderson,…
When Pastor Chad Chaddick was ordained, he expected to be a teacher, a caretaker of the sick and elderly, a counselor and an evangelist to his community. But a phone call four years ago about a financially desperate church member unexpectedly propelled Chaddick to add political activist to his list of pastoral duties. Read the…
In South Dakota, a conservative pastor and an openly gay former Obama campaign staffer have teamed up to battle an exploitative industry. One of the most important bipartisan reforms of recent years started with a Twitter fight. Steve Hickey, a pastor in Sioux Falls, South Dakota, sent a letter to the editor of the Argus…
By FREDERICK HAYNES and GEORGE MASON Published: 08 February 2015 07:06 PM Updated: 08 February 2015 10:02 PM Though the recession is over, for too many in our community, the economic recovery is little more than a rumor. Unfortunately, the strain of being financially strapped is compounded by predatory lenders who entice people with promises…