Town Judge Filing Defends Ordinance; Service Says It Is Different From Paycheck Lenders
The location of Liberty argues it’s got the authority to determine companies that do high-interest credit, even if those corporations claim to be in a category of loan providers covered by state guiidelines.
In a recent appropriate submitting, the Northland city defended a recently enacted ordinance as a a€?valid and legitimate training,a€? and requested that a judge disregard case added by two installment financing businesses.
Liberty just the previous year took over as the newest of numerous Missouri towns and cities to successfully pass an ordinance managing high-interest lenders, just who run under one of many nationa€™s most permissive couple of status laws and regulations. Weiterlesen