Payday Lenders Face Crackdown.Check-cashing and loan that is payday are often likened to predatory loan providers

Payday Lenders Face Crackdown.Check-cashing and loan that is payday are often likened to predatory loan providers That make use of low-income customers, therefore the motion to break straight down in it is apparently momentum that is gaining. The town Council in Long Beach, the next city that is largest in Los Angeles County, has voted to put a six-month citywide moratorium on brand brand brand new check-cashing and cash advance companies regarding the grounds which they cause blight and foster crime.

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