2021-02-24 at 11:22 ·

Let me make it clear about Fresno pushes pay day loan limits, experts stress economic problems

Let me make it clear about Fresno pushes pay day loan limits, experts stress economic problems

A lot of the council authorized a strategy to need unique licenses for just about any payday loan operation that is new. One goal is to utilize land and zoning usage legislation to help keep them from the poorest elements of city.

Experts state they harm the town’s economy by recharging huge rates of interest that trap economically struggling individuals within an endless period of financial obligation.

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