The Micah Center in Grand Rapids, Mich., this week provided a documentary that the corporation has been doing from the multi-billion-dollar cash advance industry.
Although cash advance operations come in business all over the usa and Canada, in addition to in European countries and somewhere else, the documentary centers on the Grand Rapids area, where you will find far more payday loan operations than McDonald’s restaurants.
Making the problem specially crucial are biblical mandates that criticize usury. For example, there is certainly Ezekeil 18: 13 , which asks the relevant concern of what the results are to a person whom partcipates in usury:“Will such a guy live? He shall maybe not! He will certainly go to death and their bloodstream is likely to be on his or her own mind. because he has got done all of these detestable things,”
The Micah Center takes verses regarding the sinful nature of recharging interest that is too much really, states Jordan Bruxvoort, manager of this Micah Center in Grand Rapids. You can find Micah facilities various other states as well as in Canada.
A few Christian Reformed Church congregations are people of the Micah Center, a social justice company that, among other activities, provides advocacy and cashland loans app training on dilemmas such as pay day loans. [Read more…]