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Tennessee Cities Target Payday Lending Methods. City effort.

Category:installmentloansvirginia.org Installment Loan

Tennessee Cities Target Payday Lending Methods. City effort.

While there’s no significant federal action on the horizon to attempt to control the practice of payday financing and also the state of Tennessee has for ages been a hotbed for the predatory practice, that is maybe perhaps not stopping the city of Nashville from following through.

For the previous 5 years, Nashville has provided free, expert financial counseling to residents to improve economic resiliency, guide them in efforts to cover straight straight straight down financial obligation, and save your self. The aim is to counsel people in order for the cycle is broken by them of monetary practices that usually make short-term loans an alternative of final measure.

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