Category: 2nd chance installment loans

Information Launch. The industry claims that what they need to supply is a credit that is safe for customers.

Information Launch. The industry claims that what they need to supply is a credit that is safe for customers.

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Philadelphia City Council Resoundingly Opposes Payday Lenders’ Latest Try To Gut Pennsylvania’s Intense Consumer Protections

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Solomon Leach, Communications Director

Workplace of Councilwoman Cherelle Parker

Kerry Smith, Senior Staff Attorney

Community Legal Solutions

Michael Roles, Field Organizer

PennPIRG (Pennsylvania Public Interest Analysis Group)

Philadelphia City Council Resoundingly Opposes Payday Lenders’ Latest Try To Gut Pennsylvania’s Intense Consumer Protections

Passes Resolution Urging Pennsylvania General Assembly to Safeguard Strong State Cap on interest levels and costs

Philadelphia, PA – prior to a forthcoming industry-backed bill to permit high-cost, long-lasting payday advances in Pennsylvania, the Philadelphia City Council took the initial step toward fending down their efforts by adopting an answer, contacting members of the General Assembly to oppose any such legislation.

For over 10 years, the out-of-state payday loan providers have already been attempting to bring their predatory loans into Pennsylvania by lobbying for legislation that will eviscerate state caps on interest and costs for customer loans.…