The Spirit of the Lord Is Upon Us
“The Spirit of the Lord is upon us! We covenant before God and with each other to, ‘preach good news to the poor,’ in Dallas, TX by deepening the bonds of fellowship between Friendship-West Baptist Church and Wilshire Baptist Church and by acting jointly to confront predatory lending practices that disproportionally harm the vulnerable. We will do so by educating our churches, advocating for more just laws, and creating alternative credit sources that promote the welfare of the lenders and borrowers alike.”
In Dallas, TX, Baptist churches have heard Jesus’ call to, “preach good news to the poor,” and are taking action. Friendship-West Baptist Church and Wilshire Baptist Church have made a covenant of action to combat predatory lending in their community.
Predatory lenders prey on the economic need of a community’s most vulnerable citizens. These lenders give quick loans with exorbitant interest rates and profit off of the inability of borrowers to repay the original loan. In Texas, borrowers can be charged upwards of 500% APR on payday loans and auto title loans. The average borrower ends up paying $840 for a $300 loan. With these practices, it is extremely difficult for borrowers to escape cycles of debt.
Covenant partners in Dallas, TX are taking a stand against the economic injustice of these practices. Friendship-West Baptist Church and Wilshire Baptist Church have come together to educate their congregations about the economic injustice of predatory lending. They are also advocating for more just laws and are even working to create alternative credit sources that promote the welfare of lenders and borrowers alike.
Through their work, covenant partners in Dallas, TX are transforming their community to better reflect Jesus’ Luke 4:18-19 vision.
Our Covenants of Action are as diverse as the communities that make them. Across the country many Baptist churches have put this model into action. These stories highlight just some of the ways that the New Baptist Covenant movement is supporting pastors and faith leaders in their efforts to live out the Gospel in their city or town.
George Mason of Wilshire Baptist Church, Danielle Ayers of Friendship-West Baptist Church, Heather Mustain of Wilshire Baptist Church, Federick D. Haynes, III of Friendship-West Baptist Church