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Review: What does the Bible state about financing practices? So what does Scripture state about high rates of interest?

Review: What does the Bible state about financing practices? So what does Scripture state about high rates of interest?

By Amy Wiles, Special to your Baptist Standard

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The increase that is dramatic of https://online-loan.org/payday-loans-mo/liberty/ lender storefronts in Texas has left some Christians wondering how exactly to respond. Can the church offer solutions?

???Payday loans perpetuate American poverty,??? said Bill Tillman, T. B. Maston Professor of Christian Ethics at Logsdon class of Theology in Abilene. ???If we simply take Christianity seriously, our company is perhaps not these days to create all we are able to, but we??™re these days to provide other people. The authenticity of our relationship to Jesus is based on exactly how we treat other folks.???

Pay day loans are small-dollar loans with a high solution costs and interest levels that provide immediate cash without any credit check. These loans, often $300 to $500, are guaranteed having a personal bank account and a site charge. Clic para leer más— »

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