Let me make it clear about food markets and pay day loans in Ca

Let me make it clear about food markets and pay day loans in Ca

By Kerry Reid

Running off towards the supermarket for a few things often means milk, coffee, a loaf of bread. But Northgate shops in southern California also provide payday advances from little operations in the supermarket – as much as $2,500. Now a bill within the Ca state legislature could improve that add up to $7,500.

Assembly Bill 237, authored by Assemblywoman Lorena Gonzalez Fletcher Diego that is(D-San) allows participating loan providers to own larger loans. Read More …