payday loan resolution


difficult time.”((SENNET)) JEFFERSON PARISH DEPUTIES SAY THEY HAVE NO MOTIVE AND NO SUSPECT. 3 ((SENNET))TONIGHT IN FOX MONEY…. THE CADDO PARISH COMMISSION IS ASKING THE SHREVEPORT CITY COUNCIL TO PASS A RESOLUTION TO STOP ISSUING PERMITS FOR PAY DAY LOAN SHOPS,FOX 33’S DOMINIQUE DILLON JOINS US LIVE IN STUDIO CONTROL… SHARING MORE. DOMINIQUE? 3 ((DOMINIQUE))WELL MARQUEL COMMISSIONERS VOTED SEVEN TO FOUR IN FAVOR OF THE RESOLUTION, BUT THE DECISION DIDN’T COME WITHOUT SOME CONTROVERSY. 3 (Rudolph Glass)(I’m a victim, so I anybody else)(Dominique Dillon, reporting)RUDOLPH GLASS EXPLAINS TO CADDO PARISH COMMISSIONERS HOW A PAY-DAY LOAN TURNED HIS LIFE UPSIDE DOWN.(Rudolph Glass)Once you get it. It’s like your stuck. Each month if you don’t pay it. It gets higher and higher. (Dominique Dillon, reporting) GLASS SAYS IT TOOK HIM AN ENTIRE YEAR TO PAY OFF A THREE HUNDRED DOLLAR LOAN. WHICH IS WHY HE URGED COMMISSIONERS TO VOTE FOR A RESOLUTION ASKING THE CITY OF SHREVEPORT TO FREEZE ISSUSING PERMITS TO NEW PAY DAY LOAN COMPANIES.. (Rudolph Glass)”It was always, well, Mr. Glass you can redo your loan, or you can pay interest. Either way your’re still paying money. I was out maybe close to six-hundred dollars off three-hundred dollars.”(Dominique Dillon, reporting)THE RESOLUTION STATES THAT PAYDAY LOAN SHOPS OFFER PREDATORY LENDING RATES AND TARGET LOW-INCOME CITIZENS FURTHER CONTRIBUTING TO A CYCLE OF POVERTY.(Stormy Gage- Watts, Caddo Parish Commissioner)”This does not effect those who are currently operationg. And actually the one we passed today this is not for Caddo Parish. This is us asking another entity.” (Dominique Dillon, reporting) AFTER MUCH CONSIDERATION THE COMISSINERS VOTED SEVEN TO FOUR IN FAVOR OF PASSING THE RESOLUTION ON TO SHREVEPORT CITY COUNCIL FOR CONSIDERATION 3 ((DOMINIQUE))THE RESOLUTION ORIGINALLY WOULD HAVE ALSO PLACED RESTRICTION ON PAWN SHOPS, BUT COMMISSIONERS REMOVED IT AFTER HEARING FROM PAWN SHOP OWNERS. 3 ((SENNET))CONTINUING COVERAGE… CONVERSATIONS CONTINUE OVER THE CITY OF SHREVEPORT HAVING A CITIZENS REVIEW BOARD FOR THE POLICE DEPARTMENT.THE CRITICAL THINKING COALITION STARTED

Leave a Reply

Your email address will not be published. Required fields are marked *