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PHILADELPHIA CITY COUNCIL OPPOSES PAYDAY LENDERS HOTTEST TRY TO GUT PA CUSTOMER DEFENSES

PHILADELPHIA CITY COUNCIL OPPOSES PAYDAY LENDERS HOTTEST TRY TO GUT PA CUSTOMER DEFENSES

In Cherelle Parker, Council Information, Information by PHL Council might 13, 2016

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Philadelphia, PA – prior to a forthcoming industry-backed bill to permit high-cost, long-lasting pay day loans in Pennsylvania, Philadelphia City Council took step one toward fending off their efforts by adopting an answer, askin people of the General Assembly to oppose any legislation that is such.

For over ten years, the out-of-state payday loan providers have now been attempting to bring their predatory loans into Pennsylvania by lobbying for legislation that could eviscerate state caps on interest and charges for customer loans. Leer más

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Feb
22

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