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City Council Voted to Table Cash Advance Ordinances Once Again.

City Council Voted to Table Cash Advance Ordinances Once Again.

Springfield City Council voted to table conversation of ordinances that will ensure it is tougher for owners of short-term loan organizations. Because it appears, the pay day loan issue won’t be discussed once more until February.

The matter of regulating title and payday loans is just a delicate one.

The problem is contentious for all states and municipalities as it’s a conflict that attempts to balance the freedom of business people additionally the security of the susceptible populace.