Community groups and advocates stepped up their campaign from the predatory payday loan industry this week by releasing coach ads on VTA’s Route 22 as well as other bus lines in Santa Clara County. The вЂњDon’t Get Trapped!вЂќ ads build in the City of San Jose’s ordinance that is recent payday financing when you look at 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 starting in low-income communities and capping the full total wide range of cash advance outlets permitted in the whole town in the present quantity of 39. San Jose may be the city that is largest in the united kingdom to impose a capon how many payday financing stores, plus the very very very first to look at a ban on brand new payday financing companies in low-income census tracts. Continue reading Coalition launches coach advertisement campaign to discourage loan that is payday among San Jose residents