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5 details about payday financing

Early in the day this thirty days the ERLC joined up with other faith companies in forming the Faith for Just Lending Coalition. The purpose of the coalition would be to raise understanding about families in financial meltdown and just how high-cost financing adversely impacts them. One industry that frequently takes benefit of the indegent yet others in economic stress is payday lending. …

Distributing HOPE in the midst of poverty with small enterprises

Among us, what should we do about it if we know that the poor will always be? Can we actually do just about anything that certainly things? The solution to those concerns happens to be explored and talked about times that are numerous. Fortunately, you will find businesses focused on assisting equip the Church in serving those who work in need of assistance. One ministry … that is such

SBA dilemmas brand new harbor that is safe tiny Paycheck Protection loans

A couple of weeks ago, the small company Administration (SBA) issued new guidance (FAQ 31) for the Paycheck Protection Program that raised issues and doubt about whether nonprofit businesses and houses of worship had the ability to approve that their loan application was “necessary” because of the present uncertainty that is economic. This guidance indicated that companies could be needed to …

The bait with an unshakeable hook: A biblical reply to predatory payday financing methods

Catching a seafood is a fairly easy work. You get a fish by disguising the hook in one thing it loves to consume. The seafood becomes therefore worked up about the leads to getting a good meal that it bites very first and appears later on. Many fine dishes have actually landed back at my dish by that easy act of …

Payday Lending

What exactly is payday lending? Payday financing may be the term used to explain the training of lending smaller amounts of income to individuals, frequently $350 or less, for just two periods, i.e., until their next payday week. In exchange the debtor pays interest in the loan when it’s due in the end associated with the loan duration. …

Do loans that are SBA-backed the separation of church and state?

Throughout the previous week, a few pastors have actually expected me the exact same concern: particularly, is a church or ministry benefiting from newly authorized government-backed small company management (SBA) loans incorrect to do this? Would this type of church be now an enterprise that is government-funded? I really do not think so, and here’s why. The reason behind the …

Faith for simply Lending Coalition to battle ‘Predatory Behavior’ of Payday Lending

WASHINGTON, D.C., April 11, 2016Barrett Duke regarding the Ethics & Religious Liberty Commission will join other leaders from a diverse coalition of faith-based organizations Wednesday, April 13, at 1 p.m. ET for the press call to go over the findings of a brand new LifeWay Research poll and a Faith for just report that is lending. The Faith for …

ERLC Agenda that is legislative 2015

Down load the PDF This year brings the start of the Congress that is 114th along with it brand brand new possibilities to advance legislative dilemmas relevant to Southern Baptists. The next is a partial set of the different legislative and policy initiatives we are going to engage in 2010 as an element of our stewardship of God’s design for federal government. A number of …

Just What Is A capable that is“pain Bill”? An Interview with Mark Hendrick

In this meeting, Chad Ashby of university St. Baptist Church (Newberry, SC) speaks with Mark Hendrick regarding the SCBC Office of Public Policy concerning the present Pain Capable legislation that has passed away in sc along with a great many other states. Chad Ashby: Mark, reveal a tiny bit about that which you do for Baptists …

Russell Moore to handle baptists that are southern SBC advance on the web event

NASHVILLE, Tenn., June 2, 2020—Russell Moore, president associated with Southern Baptist Convention’s Ethics & Religious Liberty Commission, will provide a ministry change during today’s SBC Advance, an unique event that is online. During their pre-recorded SBC Advance report, Moore intends to highlight the ERLC’s work over the year that is last areas linked to spiritual freedom, church intimate abuse, …<

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