Effects of Legalizing pay check loaning in Philadelphia September 2013. Financing statement
Butkovitz Says paycheck Lending Bill objectives 1 in 4 Philadelphia families phone calls on Legislature to Oppose campaigns to grow Payday loaning in Pennsylvania
PHILADELPHIA – area control Alan Butkovitz right introduced a report eligible, “Impact of Legalizing Payday Loans in Philadelphia,” that suggests 133,173 underbanked homes from inside the urban area are increasingly being pointed under state procedures, which may accommodate the improvement of brief, high fascination money.
Underbanked Philadelphians make up about 25 % of households. (more…)