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PHILADELPHIA Town COUNCIL OPPOSES Pay-day Lenders Newest Try to Instinct PA Consumer Defenses

Posted by admin on February 2, 2023
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PHILADELPHIA Town COUNCIL OPPOSES Pay-day Lenders Newest Try to Instinct PA Consumer Defenses

Once the your state User plus the Sofa of your own Philadelphia Delegation, Councilwoman Parker try a commander regarding the 2012 endeavor to keep pay-day loan providers off Pennsylvania

Philadelphia, PA – Before a certain industry-backed bill to allow high-costs, long-title payday loan into the Pennsylvania, Philadelphia Town Council got step one for the fending from other initiatives by adopting a resolution, contacting people in the overall System so you’re able to contradict these legislation.

For over 10 years, the latest away-of-condition pay check loan providers have been attempting to bring their predatory funds on Pennsylvania by lobbying to possess guidelines who eviscerate county caps with the focus and you can fees having individual financing. Continue Reading