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Posted On December 18, 2020 In Investigation With 83 Views

Ward 4 Councilman De’Keither Stamps’s moratorium on pawn stores, pay day loan providers and liquor stores

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Ward 4 Councilman De’Keither Stamps’s moratorium on pawn stores, pay day loan providers and liquor stores

Moratorium on Payday Lenders, Liquor, Title and Pawn stores in Ward 4 practices Ahead

within the ward gained the complete assistance linked with City Council’s planning Committee. Image by Imani Khayyam. Final Monday the Jackson City Council Committee that is preparing passed purchase to curtail the further expansion of “title loan, unsecured guarantor loan, check cashing, liquor store and pawn shop companies.” “In some areas we’ve got over expansion,” Ward 4 Councilman De’Keither Stamps stated, describing the “30 plus check that is storefronts on Ellis Avenue. “I don’t comprehend once we have 30 financial institutions in Jackson.”

“The Jackson City Council finds that more than development and saturation of” the firms which are aforementioned be damaging to your City’s development and would efficiently restrict the capacity linked to the City to attract diverse kinds of company,” your order states. (more…)

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