People in the Kentucky Baptist Fellowship rallied Tuesday, Feb. 24, during the state capitol in Frankfort, after having a Monday afternoon seminar in the “debt trap” developed by payday financing.
Speakers at a press seminar when you look at the capitol rotunda included Chris Sanders, interim coordinator of this KBF, moderator Bob Fox and Scarlette Jasper, used by the nationwide CBF worldwide missions division with Together for Hope, the Fellowship’s rural poverty effort.
Stephen Reeves, connect coordinator of partnerships and advocacy in the Decatur, Ga.,-based CBF, stated Cooperative Baptists around the world opposing abuses of this cash advance industry aren’t anti-business, but, “if your company is dependent on usury, hinges on a trap — then it is time for you really to find an innovative new enterprize model. Continue reading