Categories
payday loans panama city fl

Coalition launches bus advertisement campaign to discourage pay day loan usage among San Jose residents

Coalition launches bus advertisement campaign to discourage pay day loan usage among San Jose residents

Community groups and advocates stepped up their campaign resistant to the predatory payday loan industry this by launching bus advertisements on VTA’s Route 22 and other bus lines in Santa Clara County week. The “Don’t Get Trapped!” ads build from the City of San Jose’s ordinance that is recent payday financing into the city.

The San Jose City Council recently voted 9-1 to accept a land usage ordinance banning brand new cash advance operations from starting in low-income areas and capping the full total quantity of pay day loan outlets allowed in the complete town during the present quantity of 39. San Jose may be the city that is largest in the nation to impose a capon the amount of payday lending stores, together with very very very first to consider a ban on brand new payday financing organizations in low-income census tracts.