Canterbury UMC to host Payday Lending forum that is roundtable
The 2014 North Alabama Annual Conference adopted an answer calling in the Alabama State Legislature to “pass appropriate legislation to control the actions of predatory lenders.” The resolution noted “protection regarding the bad and disadvantaged is just a principle that is central of” and “the Bible forbids usury in a large number of passages.” (to learn the quality, begin to see the 2014 North Alabama Conference Journal Vol. We / PreConference Book p 92.) In 2003, Alabama Legislature passed legislation which carved down a legal loophole that enables predatory lending to exist in Alabama. In addition it permits lenders to […]