Thou Shalt Not Steal?

banks and christians in bed together...

ha,ha,ha.

can i get a hallelujah?

I have used payday lenders and found it very helpful in emergency situations. I experienced situations where my car needed repairs or other emergencies. What I find interesting in those emergency situations, I did not are experience individuals willing to loan me the money to pay for my repairs or other emergencies. I heard stories from other people talking about how payday lending help them in cases of a potential bounced check. They shared that if they had not borrowed the money from the payday lender, the bank would have charged a $25-$30 fee and returned the check unpaid. The payday lender only charged $15 per $100 borrowed. Why are individuals/conservative groups not crying foul when banks charge high bounced check fees. $25-$30 is a high fee on a $10 check.

The URL for the payday-loan study, referenced below, was truncated. It should be:

http://www.foxbusiness.com/article/researchers-george-mason-university-colby-college-release-new-study-payday_467970_1.html

Why use payday loans when identity theft is so much easier and not prosecuted. Even used identity theft too rip off pay day loan places. ironic eh? southdakotagov.info

Wake up America, the point of the article is that conservative Christians have been exploited and cynically used by the corporate globalist neocons who control the Republican Party.

Great, another article that says that people want to have someone hold their hand. A great idea to knock an industry that fills a need. No one forces you to go in for a payday loan. That is a choice. If someone is not smart enough to look at what they are signing then it is time for them to take responsibility for their actions. Who cares where the trends say the largest concentrations of these people are. If you really want some data wait a year, and watch the economic data out of Georgia. They banned the practice there. Who knows we might just find that these payday loans allow people to get money for a price.

This is another article that will find its place in the trash can, within couple of hours. We should not probabaly respond to this dirty piece ..

Don't blame it on the Christians. Go to moneystuck.com and reconsolidate your debts at a low interest rate so you don't have to get your payday in advance anymore!!!

I live in the great state of Alabama and it seems we have more than our share of these of establishments, but a little research will tell you why. Our state legislatures in some of the poor areas voted sponsored and indeed voted in a basic hands off policy in regard to these "fine" establishments. Many of our legislators of (which the majority are democrats in fact ) have ownership interest in these payday loan companies.

So it is much more complicated than saying it is the Christian's fault. Kind of makes you wonder what else will be blamed on Christians!!!!

Blah Blah Blah. These authors are complete idiots. I live in Tennessee and these places prey on the poor, uneducated, and minorities. In Tennessee, Mississippi, and Alabama, that's a lot of people. You also have a well-entrenched political system and leaders who are lobbied hard (and compensated well) by the lobbyists and interest groups that represent these leaches. Most of the Christians that I know have no clue what these businesses are about, nor are they politically active. This is an assumption the authors make - that somehow Christians who are opposed to usury are going to rise up and protest against this. In Tennessee we can't do very much to get our Legislature to restrict the killing of unborn children -- why would anyone think the Christians are going to be able to put pressure on their Legislatures to change predatory lending ??

Here in Texas, payday lending rates are outrageous, second only to the rates charged by pawn shops. I have contacted my senators and congresspeople about this, because my brother keeps getting in trouble with these entities. I don't see why they're not regulated more carefully...they definitely prey on people who can't afford them...the rest of us can go get a loan, but this is the only option available to lower-income folks.

take a look at CreditLoanApproved.com They are non-denominational, if you are needing a loan but not sure who is behind it.

The article concludes: "But my sense is that a lot of the state legislatures are starting to wise up, and it's likely that there may be a trend to start reversing some of the gains that the payday lending industry has made." Can we expect in a few years to see an article attributing such a reversal to the greater proportion of evangelicals living in these states? Don't hold your breath.

The article is saying that in bible belt areas the expectation is that one will rather easily locate a paylending institution. And that seems not the norm considering the bibles principles about money lending. The surprise is that bible believing Christians are submitting to wordly resources to borrow monies at escalated interest rates Which sould concern finance people at church. The church member certainly isnt paying a tithe or giving consistent offering due to having to pay mr. payday lender. Also the finance ministry ought to be concerned about the lack of stewardship concerning these homo-phobic, everthing is a sin bewitched church members. Its interesting they will seek mr. payday lender by night (so to speak) and NOT trust God for their finances which is a gross sin. The sin of unbelief stinks in the nostrils of God.7400 con

The article didn't say Christians are involved in these businesses. It said their alliance with business interests may be at its root. Christians get repressive laws about birth control, morning after pills, etc., and business interests get laws get them corporate welfare & make more money from the working poor. Aretthey are looking the other way on some sins in order to punish others they care more about?

okay, call them preditory whatever, people have a choice- barrow the money, ....dont barrow the money, now when it comes to paying taxes, whats the choice there? we have a government that not only takes money that you have earned for your 40 hour week, they also take even more money (tax at a higher rate) for overtime, how about bonuses? you know the government comes in and rapes you anytime they want, for as much as they want and everyone is so used to it that it has just become exceptable- maybe people wouldnt have to turn to these places if the government would drop some of those stupid programs and stop dipping into our paychecks- and while im on it, it would be really nice if we could stop shopping from other countries and start stocking our shelves with things made in america by americans!!!!!!!!

The correlation is loose at best. About the same in accuracy as saying that the states with the most republicans have the most payday loan companies.

You can only have an article like this about christians. You couldn't publish one that said "Thou Shalt Not Steal?
The surprising correlation between payday lenders and the Jewish." (or insert any other religious group)

They wouldn't publish it. Christians are one of the few groups people still feel they can pick out and make broad generalizations on.

also, look at georgia and nc. 0 density?! I see dozens of these businesses in Charlotte, where i travel frequently on business. makes me wonder what the ttrue density is there. and in all other 0.0 states. I have seen many of these businesses in NYC when traveling there as well.

Incomplete stats. distorted graphic representation (the map colors, the circle sizes). this whole thing is a house of cards. I question the writer's motive and journailstic integrity.

correlation is not causation. simple as that. the real issue to investigate is state laws. where these business are under less scrutiny, they flourish.

look at Nevada vs. Utah. There are obiously other factors that are far more causal.