Without a doubt about Councilman Chadis seeking to manage lenders that are payday

Tuesday

Councilman Juan Chadis thinks lenders that are short-term preying on Lubbock’s many vulnerable residents, so he’s gearing up to introduce an ordinance geared towards managing the industry in Lubbock.

Chadis is hoping Lubbock joins the nearly 40 urban centers throughout the declare that have an ordinance that is standardized lessen the « abusive and predatory financing methods » of short-term loan providers referred to as payday or automobile title loan providers. Plus »