CBF’s Reeves Condemns Move to Weaken Payday Lending Rule
Newsroom / Payday

CBF’s Reeves Condemns Move to Weaken Payday Lending Rule

FOR IMMEDIATE RELEASE February 6, 2019 Media Contact Aaron Weaver | aweaver@cbf.net | 770-220-1610 DECATUR, Ga. — Responding to the Consumer Financial Protection Bureau’s announcement today that it plans to remove borrower safeguards intended to ensure that vulnerable consumers have the ability to repay short-term, high-interest “payday” loans, Stephen K. Reeves, associate coordinator of partnerships … Continue reading

CBF Advocacy leads delegation to meet with new Consumer Financial Protection Bureau director
General CBF / Newsroom / Payday

CBF Advocacy leads delegation to meet with new Consumer Financial Protection Bureau director

By CBF Advocacy Stephen Reeves, CBF Associate Coordinator of Partnerships and Advocacy, led a delegation Jan. 22 of national religious leaders to meet with the newly confirmed Director of the Consumer Financial Protection Bureau Kathy Kraninger and several senior officials. The delegation consisted of members of two coalitions, Faith for Just Lending and the Faith … Continue reading

CBF seeks ‘intervenor’ status in case to defend restrictions on predatory lending
advocacy / Newsroom / Payday

CBF seeks ‘intervenor’ status in case to defend restrictions on predatory lending

FOR IMMEDIATE RELEASE September 19, 2018 Media Contacts Aaron Weaver | aweaver@cbf.net | 770-220-1610 Jeff Huett | jhuett@cbf.net |  202-680-4127 DECATUR, Ga. — Continuing its efforts alongside pastors, churches and Global Missions field personnel to reform predatory lending practices, the Cooperative Baptist Fellowship has requested to join litigation to defend a regulation intended to restrict industry … Continue reading

CBF Advocacy celebrates survival of payday lending rule
Newsroom / Payday

CBF Advocacy celebrates survival of payday lending rule

CONTACT Aaron Weaver, aweaver@cbf.net DECATUR, Ga. — Stephen K. Reeves, associate coordinator of partnerships and advocacy for the Cooperative Baptist Fellowship, released the following statement following news that the Consumer Financial Protection Bureau’s rule providing protections to millions of American consumers from the predatory practices of payday lenders has survived an attempted repeal in Congress. Today … Continue reading

CBF’s Reeves comments on Community Financial Services Association of America Annual Conference
General CBF / Payday

CBF’s Reeves comments on Community Financial Services Association of America Annual Conference

Stephen Reeves, CBF’s Associate Coordinator for Partnerships and Advocacy, released the following statement in opposition to the Community Financial Services Association of America Annual Conference in Miami, Fla. The Community Financial Services Association of America is an association representing non-bank lenders who offer small-dollar credit products such as payday loans. CBF is a sponsoring organization … Continue reading

CBF Advocacy expresses disappointment at CFPB decision  to reconsider payday lending rule
advocacy / General CBF / Newsroom / Payday

CBF Advocacy expresses disappointment at CFPB decision to reconsider payday lending rule

January 17, 2018 By Aaron Weaver DECATUR, Ga. — CBF Advocacy leader Stephen K. Reeves expressed disappointment at news that the Consumer Financial Protection Bureau, led by acting director Mick Mulvaney who also serves as President Trump’s budget director, plans to reconsider a recent rule to curb payday and auto-title lending. The new rule, which … Continue reading