Moratorium on Payday Lenders, Liquor, Title and Pawn shops in Ward 4 techniques Ahead
Ward 4 Councilman De’Keither Stamps’s moratorium on pawn stores, payday loan providers and alcohol shops in the ward gained the support that is full of City Council’s preparing Committee. Picture by Imani Khayyam.
Final Monday the Jackson City Council preparing Committee passed a purchase to curtail the further expansion of «title loan, cash advance, check cashing, alcohol shop and pawn store organizations.»
«In some areas we now have over-proliferation,» Ward 4 Councilman De’Keither Stamps stated, explaining the «30-plus» check-cashing storefronts on Ellis Avenue. «I’m not sure whenever we have actually 30 banking institutions in Jackson.»