Metro Council takes aim at payday funding methods
Proposed ordinance would limit where firms which can be brand new begin
Advocate staff photo by BILL FEIG — Payday sort loans in a retail complex near North Donmoor Avenue and Florida Blvd.. The Metro Council on Wednesday will demand an ordinance up that proposes to restrict pay check creditors. It might avoid brand brand new pay check financial institutions from in order to find within 1000 base of domestic areas, present pay check creditors, pawn shops, churches, public libraries, schools, time care facilities, general average man or woman areas, play grounds, and businesses that provide alcohol or gambling enterprises. This work follows some other unsuccessful tries to modify pay check financing when you glance at the legislature come early july. Council people specifically raised problems with regards to the expansion among these companies that are continuing Florida Boulevard.
Advocate staff photo by BILL FEIG — Payday sort loans in a building near Lobdell Avenue and Florida Blvd.. The Metro Council on Wednesday will demand an ordinance up that proposes to restrict pay check creditors. It may avoid brand name brand new pay check financial institutions from in order to get within 1000 feet of domestic areas, present pay check financial institutions, pawn shops, churches, general public libraries, schools, time care facilities, average man or woman areas, play grounds, and businesses that sell alcohol or gambling enterprises.