Without a doubt about Jackson complimentary Press JFP

Without a doubt about Jackson complimentary Press JFP

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 complete help associated with the City Council's preparing Committee. Picture by Imani Khayyam.

Final Monday the Jackson City Council preparing Committee passed an purchase to curtail the further expansion of "title loan, pay day loan, check cashing, liquor shop and pawn store companies."

"In some areas we now have over-proliferation," Ward 4 Councilman De'Keither Stamps said, explaining the "30-plus" check-cashing storefronts on Ellis Avenue. "I'm not sure when we have 30 banks in Jackson."

"The Jackson City Council finds that over-development and saturation of" the aforementioned organizations "would be harmful into the City's development and would effortlessly restrict the capability of this City to attract diverse kinds of company," your order states. Even though the Planning Committee passed it unanimously, it nevertheless must go prior to the complete Council.Read more