Council approves payday lending ordinance. Walmart Offering Check Cashing Services
2020-12-22
Council approves payday lending ordinance. Walmart Offering Check Cashing Services Tuesday evening the Waco City Council voted when it comes to very first time on a feasible ordinance restricting payday lenders when you look at the Waco area in an attempt to protect borrowers. The council voted 5-1 and only the brand new ordinance which, if passed away for a moment amount of time in a future town council conference, would go into impact on August 16, 2016. The ordinance defines the payday financing organizations as “credit access organizations.” Saying that certain organizations “engage in abusive and lending that is predatory, providing simple cash toRead More →