Users of the Kentucky Baptist Fellowship rallied Tuesday, Feb. 24, during the state capitol in Frankfort, following a Monday afternoon seminar from the “debt trap” developed by payday financing.

Speakers at a press seminar within the capitol rotunda included Chris Sanders, interim coordinator regarding the KBF, moderator Bob Fox and Scarlette Jasper, utilized by the nationwide CBF worldwide missions division with Together for Hope, the Fellowship's poverty initiative that is rural.

Stephen Reeves, connect coordinator of partnerships and advocacy during the Decatur, Ga.,-based CBF, stated Cooperative Baptists around the world opposing abuses associated with the cash advance industry aren't anti-business, but, “if your online business is dependent upon usury, relies on a trap — if this will depend on exploiting your next-door neighbors right when they're at their many desperate and vulnerable — then it is time to find a fresh enterprize model.”