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how many payday loans can you have

City council considers regulations on cash advance businesses

Payday, name as well as other money that is short-term in Columbia could see stricter laws in the event that Columbia City Council moves ahead with an ordinance observe the industry.

The town council is considering imposing laws on short-term financing establishments, such as payday and title loan providers, to check out the lead of St. Louis and Kansas City, that have passed away ordinances to cap the total amount of loans and need specific information about businesses’ signage.