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New guidelines limitation location, wide range of cash advance organizations in Kingston

The town of Kingston is using actions to restrict the amount and location of pay day loan companies also to teach customers concerning the prospective disadvantage of using short-term, high interest loans.

In another of their last functions prior to the municipal election, town councillors authorized a brand new bylaw on Oct. 2 that aims to manage pay day loan shops within municipal boundaries.

The modifications had been authorized following a passage through of provincial amendments in Bill 59, which expands municipal authority over pay day loan establishments. Read More