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
Tag Archives: Consumer Financial Protection Bureau
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
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