October 5, 2017 DECATUR, Ga. — Stephen K. Reeves, who leads the advocacy efforts for the Cooperative Baptist Fellowship, commented on the long-awaited rule from the Consumer Financial Protection Bureau (CFPB) to rein in the payday and auto-title loan industry. The CFPB’s rule announced today aims at stopping payday debt traps by requiring lenders to … Continue reading
Critical and Historic Moment for Predatory Lending Reform YOUR Voice is Needed TODAY! Go here TODAY to tell the Consumer Financial Protection Bureau you want a strong rule to protect borrowers nationwide from predatory lending. For tips and suggestions on making an effective comment, click here. The Cooperative Baptist Fellowship began coordinated advocacy and public witness efforts at the … Continue reading
By Sharon Felton, CBF Advocacy Outreach Specialist for Kentucky “If you lend money to My people, to the poor person among you, you must not be like a moneylender to him; you must not charge him interest. If you ever take your neighbor’s cloak as collateral, return it to him before sunset. For it is … Continue reading
By Carrie McGuffin and Aaron Weaver ATLANTA — This is a “momentous time” for reforming payday and auto-title lending in the United States, a Cooperative Baptist Fellowship leader told attendees September 15 at the 2016 New Baptist Covenant Summit in downtown Atlanta. Reeves, who serves as CBF associate coordinator for partnerships and advocacy, joined Willie … Continue reading
Contact: Aaron Weaver, aweaver@cbf.net, 770.220.1610 WASHINGTON, D.C. – Representing diverse theological views from across the country, today faith leaders united their efforts to take a single message to Capitol Hill. Faith & Credit Roundtable and members of the Faith for Just Lending coalition together called for stronger regulation to close what they believe are dangerous loopholes … Continue reading
By Stephen Reeves The tragic events of recent weeks have once again brought to the surface racial tensions in America that seem to linger just below. It is tempting to hunker down, stay silent, pray for peace and go about life in search of normalcy. It is also tempting to react only in anger, wallow in our … Continue reading
June 2, 2016 DECATUR, Ga. — Stephen K. Reeves, who leads the advocacy efforts for the Cooperative Baptist Fellowship, commented on the long-awaited proposal from the Consumer Financial Protection Bureau to reign in the payday and auto-title loan industry. The CFPB’s proposal announced today forces lenders to determine if some borrowers can afford to take … Continue reading
May 12, 2016 By Aaron Weaver DECATUR, Ga. — With new federal rules meant to reform the payday lending industry possibly weeks away, the Cooperative Baptist Fellowship is continuing its fight against predatory lending. CBF has emerged over the past several years as a key faith group working for nationwide reforms of usurious payday and … Continue reading
April 13, 2016 CONTACT: Katie Thompson, katie.thompson@cpjustice.org (Center for Public Justice) Faith leaders release research on ‘harmful’ and ‘predatory’ payday loans WASHINGTON, D.C.— Faith for Just Lending (FJL), a diverse coalition of faith-based organizations, announced today the results of new polling from LifeWay Research on payday lending along with a new report titled The Collateral … Continue reading
By Stephen Reeves As the Cooperative Baptist Fellowship continues to highlight opportunities for advocacy in response to usurious lending practices like payday and auto title loans, we are expanding our reach through the addition of Advocacy Outreach Specialists. CBF has become a national leader in the faith community among those working to reform predatory small-dollar … Continue reading