Texas leads the world in payday car and lending name loan organizations with over 3,000 storefronts over the state. Payday lenders are both a blessing and a curse: on one side, they meet a necessity; on the other side, they are doing therefore through sky-high rates of interest.
This is exactly why communities of faith are receiving active in the work to raised regulate them. But should faith leaders get involved with money things?
John Hill has been the United Methodist Church. He says faith leaders are commanded to look for economic justice.
“there is actually no wiggle space about this,вЂќ Hill claims. вЂњThere are explicit mandates against charging you usury as interest вЂ“ which is clear into the Old Testament. When you look at the New Testament, i believe, many Christians are aware of one of many unusual flashes of anger that Jesus revealed as he expelled the funds changers from the Temple.”
The movie “The Gospel of John” portrays that scene: Jesus is annoyed utilizing the merchants outside of the temple for jacking up the cost of mandatory offerings. Continue reading