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Living and working together as the Body of Christ
within the Full Household of God
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ACTION ALERT
Pay Day Lending Legislation
Board of Directors
2008-2009
 
Member Body Representatives
 
African Methodist Episcopal
Presiding Elder Rosalyn Coleman
Alliance of Baptists
The Rev. Inez Register
Baptist Educational & Missionary Convention
Dr. Hiram Spain, Jr.
Christian Church (Disciples of Christ)
The Rev. Joseph Cobb
Christian Methodist Episcopal
The Rev. Edward Moultrie
Church of the Nazarene
None at present
Cooperative Baptist Fellowship
Mr. Alva Young
Episcopal Diocese of SC
Mr. Edward Dyckman
Episcopal Diocese
of Upper SC
The Rev. Susan Heath
Evangelical Lutheran Church in America
Pastor Henry Moody
Presbyterian Church U.S.A.
The Rev. Donnie Woods
The Rev. Stewart Rawson
Reformed Episcopal Church
Bishop Alphonza Gadsden
Religious Society of Friends
Dr. Gerald Rudolph
Roman Catholic Church
None at present
Salvation Army
Captain Gene Harrell
United Church of Christ
The Rev. Andy Sidden
United Methodist Church
Dr. Willie Teague
 
Members At-Large
 
Dr. Joe Darby, President
The Rev. Terry Brooks, Secretary
Dr. Richard Dozier, Treasurer*
Mrs. Debbie Dantzler, Past President
Dr. Carl Evans
Dr. Milton Kimpson
The Rev. Dick Massey
Mr. Hayes Mizell
Mrs. Missie Walker
The Rev. McKinley Washington
The Rev. Leo Woodberry
 
Staff 

Brenda Kneece,
Executive Minister
Debbie Raymer, Admin Assistant 
 
 *Non Board member

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Payday Lending Consumer Protections

 

The Senate Banking & Insurance Subcommittee held a lengthy hearing on payday lending last Wednesday.  They will meet again at 9 AM in Room 105 of the Gressette Building on Thursday, March 12, to take action on the legislation.  

 
Calls to the subcommittee from their constituents are requested. Please contact your Senator today (specifics about the Bill and contact information below). You may also join us at the Subcommittee meeting. Forward this information to people in your congregation and community. Contacts need to be made before the committee meets tomorrow morning.
 
Stronger regulation is needed. The SCCAC and its partner* consumer advocates ask Senators to strengthen House Bill 3301 by amending it with the following consumer protections:
  • Tie the allowable size of a loan to the borrower's income by limiting the loan to no more than 25% of the borrower's income during the term of the loan capping the loan at 25%. H. 3301 doubles the allowable loan to $600. No other state in the Southeast allows that large a loan and four states ban payday lending outright.
  • Add language defining an extended payment plan to be used when the borrower is unable to pay. After three contracts a consumer should be placed into an extended payment plan and no additional loans allowed until payment has been made in full.
  • Prohibit electronic debiting of accounts.
  • Establish a minimum cooling off period of at least seven days.
Subcommittee members are:
Senator Wes Hayes
District 15 - York County
Contact Address:
(H) 1486 Cureton Dr., Rock Hill, 29732
Bus. (803) 324-2400 Home (803) 328-8532
(C) 205 Gressette Bldg., Columbia, 29201
Bus. (803) 212-6410
E-Mail Address: [email protected]
 
Senator Glenn McConnell
District 41 - Charleston County
Contact Address: (H) 27 Bainbridge Dr., Charleston, 29407
Bus. (843) 747-7554 Home (843) 571-3921
(C) 101 Gressette Bldg., Columbia, 29201
Bus. (803) 212-6610
E-Mail Address: [email protected]
 
Senator Billy O'Dell
District 4 - Abbeville, Anderson & Greenwood Counties
Contact Address: (H) P.O. Box 540, Ware Shoals, 29692
Bus. (864) 861-2222 Home (864) 943-0905
(C) 610 Gressette Bldg., Columbia 29201
Bus. (803) 212-6040 Home (803) 252-0845
E-Mail Address: [email protected]

Senator Thomas C. Alexander
District 1 - Oconee & Pickens Counties
Contact Address: (H) 150 Cleveland Dr., Walhalla, 29691
Bus. (864) 638-2988 Home (864) 638-2153
(C) 402 Gressette Bldg., Columbia, 29201
Bus. (803) 212-6220 Home (803) 252-0845
E-Mail Address: [email protected]

Senator Robert Ford
District 42 - Charleston Counties
Contact Address: (H) P.O. Box 21302, Charleston, 29413
Bus. (843) 813-1777 Home (843) 852-0777
(C) 506 Gressette Bldg., Columbia, 29201
Bus. (803) 212-6124 Home (803) 798-9220
E-Mail Address: [email protected]
 
Senator John W. Matthews, Jr.
District 39 - Bamberg, Colleton, Dorchester, Hampton & Orangeburg Counties
Contact Address: (H) P.O. Box 142, Columbia, 29202
Home (803) 829-2383
(C) 613 Gressette Bldg., Columbia, 29201
Bus. (803) 212-6056
E-Mail Address: [email protected]
 
Senator Gerald Malloy
District 29 - Chesterfield, Darlington, Lee & Marlboro Counties
Contact Address: (H) 1216 Salem Rd., Hartsville, 29550
Bus. (843) 339-3000 Home (843) 332-5533
(C) 512 Gressette Bldg., Columbia, 29201
Bus. (803) 212-6148
E-Mail Address: [email protected]
 
Senators Hayes, Ford, Matthews, and Malloy have been strong supporters of serious regulation.  
 

* Organizations advocating for strong PayDay Lending consumer protections alongside the SCCAC: SC Fair Share, SC Appleseed Legal Justice Center, the SC United Methodist Advocate, and the SC Baptist Convention.

E-newsletter Editor
South Carolina Christian Action Council