By Jennifer Colosimo It’s not the most commonly known advocacy issue that people are talking about. In fact, you might not even know what payday loans are. But the scary truth is that many average, middle class Americans are just one big financial emergency away from knowing all too well what many already do—that predatory … Continue reading
Tag Archives: 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
Predatory Lending Reform Action Alert
U.S. House Financial Service Committee to Vote on Reform Bill On this GIVING TUESDAY…Give your member of Congress a call! Contact Committee Members TODAY! As CBF Advocacy continues our work for reform of payday and auto title lending practices we are encouraged by positive steps in Congress. On November 12, a bipartisan bill was introduced … Continue reading
Supporting the Family Responsibilities of Church Workers
CBF Advocacy engages in issue advocacy most often as a member of larger coalitions. The Faith for Just Lending coalition and the Evangelical Immigration Table are two such examples. Occasionally, we will highlight the good work of one of our coalition partners in an issue area which we have yet to fully engage. By doing … Continue reading
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 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