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Without a doubt about Santa Clara County supervisors vote to control lending that is payday

Without a doubt about Santa Clara County supervisors vote to control lending that is payday Share this: Showing an urgency to rein in predatory financing to the working bad, Santa Clara County supervisors Tuesday passed a 45-day moratorium that bans additional “payday” lenders from establishing store, while officials draft a legislation that may completely ban new payday companies — or at the very least really limit them. The county has 64 cash advance storefronts focused in low-income areas, numerous simply obstructs from one another. Just two establishments are found in unincorporated areas suffering from the ban that is new. But…