CBF leaders speak out against rollback of ‘payday’ loan regulation
advocacy / Newsroom / Payday / Predatory Lending

CBF leaders speak out against rollback of ‘payday’ loan regulation

July 7, 2020 By Aaron Weaver DECATUR, Ga. — Cooperative Baptist Fellowship leaders spoke out against the decision announced today of the Consumer Financial Protection Bureau to remove borrower safeguards intended to ensure that vulnerable consumers have the ability to repay short-term, high-interest “payday” loans. “For nearly a decade, the Cooperative Baptist Fellowship has sought … Continue reading

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 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