Jennifer, Lisa, and others who’ve been roped into the payday lenders’ exploitative schemes, here’s an opportunity to come to Jesus and renounce your sins. Anna Madsen, Sioux Falls pastor gone Omaha, is hosting a “Press Conference for People of Faith in Support of the Petition to Cap the Rate at 36%” on Saturday morning, October 31, 10 a.m.
Here’s Madsen’s invite:
There is a long history against usury and usurers across faith traditions. Presently, in South Dakota, there is no cap to interest rates on payday loans. The average, therefore, in SD is 574%! That’s just the -average.- The industry preys upon the poor and the desperate and the vulnerable–precisely the people for whom people of faith are called to advocate and to protect. In keeping with cross-denominational and cross-faith traditions of speaking out for economic justice and on behalf of those who are victims of poverty and exploitation, we welcome people of faith to a press conference this Saturday, October 31. There we will speak in unity in favor of the petition to Cap the Rate at 36%, and out of our religious principles, the very ones which call us to not just speak about, but to actually act on behalf of the Least of These [Anna Madsen, FB invite to press conference, 2015.10.26].
The event takes place at 2609 South 6th Avenue in Sioux Falls. Come hear the Word, then do the Word by signing and circulating a real 36% rate cap petition!