In the juncture of journalism and life that is everyday KC

In the juncture of journalism and life that is everyday KC

The moneychangers who had previously been instrumental in St. Ann Catholic Church finding a chapel this is certainly brand new

About 10 months ago, a post was published by us en en en titled “Good Catholic males developing a killing into the cash loan company.”

That post really hit a neurological. It had a selection that is huge of over the time We posted it in September 2014, and since then it has drawn more views than just about various other post this is certainly previous.

Yesterday and now, just how many views spiked, to the wake from the celebrity publishing on its web page a story regarding the federal federal government that is federal a massive, online lending that is payday run by Timothy Coppinger and Frampton T. Rowland III.

To supply concept linked to the range about the procedure, between 2012 and 2013, Coppinger’s companies issued $28 million in pay time loans and withdrew more than $46.5 million from people’s bank reports.

Here’s how dirty were the deals associated with the organizations: pretty much all the victims hadn’t really utilized for loans but had supplied adequate information that is private on their own to provide lenders usage of their checking records. The lenders then deposited “loans” inside the people’s reports and methodically withdrew “interest” re re re payments. Many victims didn’t realize when it comes to really time that is long these individuals had been being fleeced.

Coppinger have been one of the “good Catholic men” I penned about straight back 2014. He comes from a family group this is actually a pillar of Visitation Catholic Church, 51st Terrace and principal.

An added home we penned about had been the Hodes family relations, additionally of Visitation. Like Coppinger, Chris and Vince Hodes had Visitation Catholic course and Rockhurst High and quickly after went along to the bucks advance company.

The Hodes household, additionally of Visitation, has owned advance payday loan Maryland a plumbing that is extremely successful supply business (they have linked businesses, too) since 1943. No one through the Hodes home should have any need whatsoever to be in the payday financing business. There should really be a great quantity of business, and profits, to generate everybody happy for lifelong.

You don’t have actually to become a psychologist to master precisely what drove these “good Catholic men” towards the company that is seamy of payday improvements — GREED.

But there’s more to the whol story — and more Catholics with greedy hands — than Tim Coppinger and Vince and Chris Hodes.

Coppinger and Vince Hodes are in reality individuals in St. Ann’s Catholic Church in Prairie Village. Therefore may be Coppinger’s payday-lending partner, Frampton (“Ted”) Rowland, and Stephen and Julie Zanone.

The Zanones was indeed principals in a small business called MMG, that the state of Maryland fined and banned from performing company in Maryland 12 months that is final they certainly were billing interest all the best way to 1,000 per no credit check installment loans cent or more on payday loans…Maryland legislation limits yearly interest levels to 24 or 33 percent, based on the kind of loan made. (Missouri takes a legislation this is certainly similar probably won’t get one whenever as time goes on as a result of the conservatives’ stranglehold in the General Assembly.)

Listed here are my observations…

First, Lunsford have to have had their eyes shut and their arms over their ears. Of course, he didn’t have “firsthand” knowledge. Coppinger and Rowland weren’t about to approach him and state, “Father, we’re making a pile of cash into the pay loan business, and from now on we do you want to share the bounty making use of the church. day”

But all Lunsford needed to do — and probably did but wouldn’t acknowledge — was to consider the inspiration!

Just as the parishioners, he previously your can purchase heard that a number of their people had been neck deep into the unsecured guarantor loan business, by which he will need had the courage to confront them then turn their right back from the lucre that is filthy.

2nd, every time we now have a glance at that brand name name} brand new, multi-million-dollar chapel, my goal is to think of Jesus (yes, he also rates bold-face kind) angrily denouncing the moneychangers in the temple and chasing them down having a whip he fashioned away from cable.

The Gospel of Matthew quotes Jesus as saying, ” My house will likely be called the home that is homely of; but ye are making it a den of thieves.”

Yesterday’s moneychangers are today’s lenders that are payday. Woe betide them.

The chapel this is certainly brand new St. Ann’s Catholic Church in Prairie Village