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Coalition launches coach advertisement campaign to discourage loan that is payday among San Jose residents

Coalition launches coach advertisement campaign to discourage loan that is payday among San Jose residents

Community groups and advocates stepped up their campaign up against the predatory payday loan industry this by launching bus advertisements on VTA’s Route 22 and other bus lines in Santa Clara County week. The “Don’t Get Trapped!” ads build in the City of San Jose’s ordinance that is recent payday lending within the town.

The San Jose City Council recently voted 9-1 to accept a land usage ordinance banning payday that is new operations from opening in low-income communities and capping the full total amount of pay day loan outlets permitted in the complete town in the current amount 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 first to look at a ban on 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