express payday loans / 18.09.2020

Councillors desire to pump brake system on cash advance outlets

Staff seeking to see if town can suspect brand new licences

Published on October 30, 2019 by oshawaexpress in CITY, INFORMATION

Dave Flaherty/The Oshawa Express

After into the footsteps of Toronto, town staff could quickly be searching for ways to block more “payday loan” companies from arriving at Oshawa.

At its meeting that is latest, the city’s corporate services committee directed staff to examine certification policies for companies that offer loans to clients looking for fast cash.

Earlier in the day this thirty days, Toronto town council voted to not any longer offer licenses to pay day loan outlets.

Ward 1 town and local councillor John Neal, whom introduced the movement, stated he's got been attempting to deal with the problem for a while now.

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