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Baptists in Kentucky assistance cap on payday advances

Baptists in Kentucky assistance cap on payday advances

Baptists in Kentucky assistance cap on payday improvements

Users of the Kentucky Baptist Fellowship rallied Tuesday, Feb. 24, into the state capitol in Frankfort, after a Monday afternoon seminar within the trap manufactured by payday funding.

Speakers at a press seminar in to the capitol rotunda included Chris Sanders, interim coordinator related to KBF, moderator Bob Fox and Scarlette Jasper, utilized by the nationwide CBF global missions unit with Together for Hope, the Fellowship poverty effort this is certainly rural.

Stephen Reeves, link coordinator of partnerships and advocacy throughout the Decatur, Ga.,-based CBF, reported Cooperative Baptists throughout the world opposing abuses associated with the cash loan industry aren’t anti-business, but, then it is time to find an innovative new enterprize model if your organization depends upon usury, relies on a trap if this will depend on exploiting your next-door neighbors appropriate when they’re at their many desperate and vulnerable.

The KBF delegation, component of a group this is certainly broad-based the Kentucky Coalition for Responsible Lending, voiced support for Senate Bill 32, sponsored by Republican Sen.