Members of the Kentucky Baptist Fellowship rallied Tuesday, Feb. 24, at county capitol in Frankfort, after a Monday afternoon workshop on the “debt trap” produced by payday financing.

Speakers at a news conference when you look at the capitol rotunda integrated Chris Sanders, interim coordinator for the KBF, moderator Bob Fox and Scarlette Jasper, employed by the nationwide CBF global objectives office with with each other for wish, the Fellowship’s rural impoverishment dil mil Prijs initiative.

Stephen Reeves, relate coordinator of partnerships and advocacy on Decatur, Ga.,-based CBF, stated Cooperative Baptists around the world opposing violations associated with cash advance business aren’t anti-business, but, “if your online business is determined by usury, hinges on a trap — when it hinges on exploiting their friends best while they are at their unique the majority of hopeless and prone — then it’s time to get a hold of a brand new business model.”