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Town council thinks about regulations on cash advance companies

Town council thinks about regulations on cash advance companies

Paycheck, identity and also other short-term advance loan carriers in Columbia could see stricter regulations in case Columbia urban area Council goes ahead of time with a regulation look at the market.

The area council was contemplating imposing regulations on short term lending businesses, such as for example paycheck and title financial institutions, to follow along with the lead of St. Louis and Kansas town, that might have passed on ordinances to cap the number of loans and want specific all about businesses signage. Continue reading