At least, thatâ€™s what I would say if I owned a payday loan store.
More and more city councils, like Cleveland and Long Beach, are passing ordinances that prohibit the opening of a new payday loan store within some set distance from another store.Â In some cases, new stores are completely banned citywide.
I donâ€™t understand the rationale for these moratoriums.
Is it because…
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