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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 was simply instrumental in St. Ann Catholic Church getting a chapel that is brand brand brand new

About 10 months ago, we published a post en en en titled “Good Catholic males building a killing into the cash loan business.”

That post really hit a neurological. It possessed a selection that is huge of throughout the time We posted it in September 2014, and because then this has drawn more views than simply about other post that is previous.

Yesterday and now, what number of views spiked, to the wake linked to the Star publishing on its web page a story regarding the government that is federal a giant, online payday lending procedure 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 businesses issued $28 million in pay loans and withdrew a lot more than $46.5 million from people’s bank reports day.

Here’s how dirty were the deals associated with companies: nearly all the victims hadn’t really employed for loans but had provided adequate information that is private on their own to supply loan providers use of their checking records. The lenders then deposited “loans” inside the people’s reports and methodically withdrew “interest” re re payments. Many victims didn’t realize for the really time that is long these individuals had been being fleeced.

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

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

The Hodes home, additionally of Visitation, has owned a plumbing that is extremely successful supply business (they have linked businesses, too) since 1943. No one through the Hodes home must have any need whatsoever to be in the payday funding business. There should be an amount that is great of, and profits, generate everybody happy for life.

You don’t have actually to be a psychologist to master exactly what drove these “good Catholic men” towards the company this is certainly 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 now 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 company called MMG, that your particular state of Maryland fined and banned from performing company in Maryland 12 months that is final they certainly were interest that is billing the best way to 1,000 per no credit check installment loans cent or more on payday loans…Maryland legislation limits yearly interest rates to 24 or 33 percent, in line with the type of loan made. (Missouri takes a legislation this is certainly similar probably won’t get one whenever later on as a result of the conservatives’ stranglehold in the General Assembly.)

Allow me to share my observations…

First, Lunsford have to have had their eyes shut and their hands over their ears. Needless to state, he didn’t have “firsthand” knowledge. Coppinger and Rowland weren’t about to approach him and say, “Father, we’re making serious cash into the pay time financial institution, and from now on we do you need to share the bounty utilizing the church.”

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

Just as the parishioners, he previously to possess heard that a number of their people had been neck deep within the unsecured guarantor loan business, by which he needs to have had the courage to confront them then turn their right back from the filthy lucre.

2nd, each time we’ve a have a look at that brand name name} unique, multi-million-dollar chapel, my goal is to think of Jesus (yes, he also rates bold-face kind) angrily denouncing the moneychangers inside the temple and chasing them down having a whip he fashioned far from cable.

The Gospel of Matthew quotes Jesus as saying, ” My house will likely be called the homely house of prayer; 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

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