The Rev. Frederick Newbill isn’t the normal face associated with lending industry that is payday.
Recruited by FloridaвЂ™s biggest lender that is small-dollar Amscot, the senior pastor at First Timothy Baptist Church in Jacksonville ended up being among a few faith leaders to check out the stateвЂ™s money this year to lobby for a bill loosening payday regulations.
The team helped secure a triumph for a business recognized for the high-cost, short-term loans that were under attack by federal regulators for decades. Continue reading