Zoning Payday Lenders Out of the City

ACORN ACORN International Canada Citizen Wealth Financial Justice

New Orleans    Payday lenders are weeds that crack the sidewalk. Payday lenders are “broken window” signposts advertising lower income neighborhoods and tending to push communities and families over the edge. There may not be an area in North America that has been more effective in using city zoning policies to aggressively root out payday lenders …

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Payday Lending Regs, Good; Not Going Far Enough, Bad!

ACORN ACORN International Canada Citizen Wealth Financial Justice

New Orleans      I was sitting next to an organizer from British Columbia while reading the reports on the new set of regulations being proposed by the Consumer Financial Protection Bureau on payday lending.  We have fought payday lenders in Canada for over a decade and we’re batting over .500, but a long way from a …

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