Archive for April 21st, 2008

HB 333 And The Moral Boundaries on Interest

Monday, April 21st, 2008

The issue of Payday Lenders is the latest “social concern” of Ohio area pastors. As I have noted already, they are behind current proposed legislation (HB 333) to limit such lenders to a 36 APR rate on short term loans. My previous essay noted that the Bible does not lend its support to “usury” laws, [...]