Categorized | local issues, Utah

Utah ordinance

A city council in Utah has placed restrictions on payday lenders.

The ordinance caps the number of businesses allowed in the industry, while eventually lowering the number to 13, and prevents them from existing within 1,500 feet of each other.

Hypothetically speaking, what do you think the reaction would be if the same rules were placed on fast food businesses? No golden arches can be located near a Burger King? Food for thought …

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THE DEMAND FOR SHORT-TERM CREDIT