Categories
check and go payday loans

Coalition launches coach advertisement campaign to discourage cash advance usage among San Jose residents

Coalition launches coach advertisement campaign to discourage cash advance usage among San Jose residents

Community groups and advocates stepped up their campaign contrary to the predatory payday loan industry this week by starting coach ads on VTA’s Route 22 along with other coach lines in Santa Clara County. The “Don’t Get Trapped!” ads build regarding the City of San Jose’s ordinance that is recent payday lending into the town.

The San Jose City Council recently voted 9-1 to accept a land usage ordinance banning brand new pay day loan operations from opening in low-income communities and capping the full total amount of cash advance outlets allowed in the complete town in the present amount of 39. San Jose may be the city that is largest in the united states to impose a capon the amount of payday lending stores, as well as the very very first to look at a ban on brand brand new payday financing companies in low-income census tracts.