States and urban centers are fighting the expansion of payday-loan workplaces, that offer loans against workers’ future paychecks.
The Chicago City Council, as an example, passed a measure at the beginning of November needing city that is special to open up payday-loan shops. And Cook County State’s Atty. Richard Devine’s workplace has sued one Chicago-area payday-loan company, saying it illegally harassed customers to have them to pay for right back loans. (more…)