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Stories tagged with: faith for just lending coalition

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  • Payday loan rule flawed, say ERLC, others
    by Tom Strode, posted Wednesday, August 31, 2016 (8 years ago)

    WASHINGTON (BP) -- The Southern Baptist Convention's ethics entity and other members of a diverse religious coalition have urged the federal government to strengthen a proposed rule to regulate the predatory lending industry. Read More

  • Payday loan limits urged by religious coalition
    by Tom Strode, posted Thursday, April 14, 2016 (8 years ago)

    "[W]e need measures that rein in exorbitant interest rates."

    -- Barrett Duke

    WASHINGTON (BP) -- American Christians overwhelmingly support government regulation of the predatory lending industry, Southern Baptists and other religious leaders in a Faith for Just Lending Coalition said Wednesday (April 13).

    Coalition members, in a telephone news conference, pointed to online survey results by LifeWay Research that 86 percent of self-identified Christians in 30 states believe laws and regulations should bar loans at "excessive interest rates." Read More