Municipalities just simply take aim at payday lenders thinking it places low-income people at a disadvantage that is unfair

Thinking it places low-income people at an unjust drawback municipalities provincewide are continuing their crackdown in the loan industry that is payday.

A pay day loan establishment is shown on Grand Avenue western in Chatham on Friday. Chatham-Kent council shall be getting a study concerning feasible laws for the industry during Monday’s conference. (Trevor Terfloth/The Daily Information)

Thinking it places low-income people at an unjust drawback – and a never-ending period of debt – municipalities provincewide are continuing their crackdown in the pay day loan industry.

Chatham-Kent will be the jurisdiction that is latest to battle lenders, with an employee report slated to come before council on Monday listing prospective laws, and a well planned movement to adhere to. Continue reading

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