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Information Launch. The industry claims that what they need to supply is just a safe credit product for customers.

Information Launch. The industry claims that what they need to supply is just a safe credit product for customers.

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Philadelphia City Council Resoundingly Opposes Payday Lenders’ Latest Attempt to Gut Pennsylvania’s Intense Consumer Protections

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Solomon Leach, Communications Director

Workplace of Councilwoman Cherelle Parker

Kerry Smith, Senior Staff Attorney

Community Legal Services

Michael Roles, Field Organizer

PennPIRG (Pennsylvania Public Interest Analysis Group)

Philadelphia City Council Resoundingly Opposes Payday Lenders’ Latest Try To Gut Pennsylvania’s Strong Consumer Protections

Passes Resolution Urging Pennsylvania General Assembly to Safeguard intense State Cap on rates of interest and costs

Philadelphia, PA – prior to a forthcoming industry-backed bill to permit high-cost, long-term payday advances in Pennsylvania, the Philadelphia City Council took the initial step toward fending down their efforts by adopting an answer, contacting users of the General Assembly to oppose any such legislation.

For more than ten years, the out-of-state payday loan providers are trying to bring their predatory loans into Pennsylvania by lobbying for legislation that could eviscerate state caps on interest and costs for customer loans.