Staff seeking to see if town can suspect licences that are new
After within the footsteps of Toronto, town staff could quickly be searching for ways to block more loan that isвЂњpayday organizations from arriving at Oshawa.
At its meeting that is latest, the city’s business services committee directed staff to examine certification policies for organizations that offer loans to clients looking for fast cash.
Earlier in the day this Toronto city council voted to no longer provide licenses to payday loan outlets month.
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.
вЂњI been taking a look at this for several years,вЂќ Neal stated.
Neal stated these establishments are вЂњhurting low-income individuals, by no fault of one’s own.вЂќ
вЂњI have quite, really small love for these establishments,вЂќ he adds. Continue reading