by Bradley Parsons
In 2005, the Pentagon mostly spared Florida bases from a round of closures and also included troops and bases into the state. Per year later Jacksonville officials and customer advocates stress that Florida is rolling out of the carpet that is red predatory lenders that usually target the armed forces.
Jacksonville typically happens to be a place that is tough those loan providers to work. In 1998, the City limited automobile title lending with legislation which was copied over the state. The town then followed that up in October 2005 with limitations on payday loan providers which was seen as another trendsetter that is potential.
But those neighborhood ordinances are under assault, say the elected officials and customer solicitors whom assisted compose them. Legislation being considered now by state lawmakers gets the possible to derail Jacksonville’s efforts at regulating the industry. Continue reading „Pay day loan ordinance under attack on two fronts“