L.A. County seeks to restrict payday financing

L.A. County seeks to restrict payday financing by City News Provider L . A . – The l . a . County Board of Supervisors voted Tuesday to make a plan to guard customers from payday loan providers as well as other loan that is high-interest. Supervisor Hilda Solis suggested dealing with high-cost loan providers, whom she stated victimize low-income families. “While certified high-cost loans are really a appropriate industry, their products or services usually trap our communities within an...

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