Payday Lenders Move Loans to Avoid Law

As I've noted on this page in the past, Rev. Gerald Britt leads the way in the public policy work orchestrated by CitySquare.  Among the issues we've tackled is the impact of payday lenders on low-income persons and households. 

Earlier this year the Dallas City Council, led by Council Member Jerry Allen, passed two of the most restrictive payday lending ordinances in the nation.  We are most grateful for Mr. Allen's leadership on this crucial issue.

Now, to avoid compliance with the new laws, payday lending companies are moving their loans into suburban offices where the limits on operations are not yet in place. 

You will be able to view a report by WFAA Channel 8 on the issue and recent developments here or in the frame below. 

The fight continues!