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Pay day loan representatives you will need to go down moratorium

Pay day loan representatives you will need to go down moratorium

Curtis Pickens (center), of Pickens Group, meets with Muscle Shoals town leaders Monday to supply information because the town considers regulations on payday/title loan businesses.

Representatives through the short-term financing industry told Muscle Shoals council users they aspire to be a resource for information whilst the town mulls a potential company permit moratorium on payday/title loan stores.

The council initially talked about the feasible moratorium at its Nov. 5 conference, but has not yet revisited the problem.

Curtis Pickens, a spokesman for the Pickens that is birmingham-based Group stated due to the fact action is achievable, it is advisable to meet up using the council and turn area of the discussion.

“We represent a wide range of these firms, and we also thought it will be wise on our component in the future up, introduce ourselves to you all and tell you we have been very ready to work to you anyhow we are able to from the zoning perspective,” Pickens stated.

“We’d like to own some form of input since you may mull through this.”

With Pickens had been Meredith Broyles, supervisor of federal federal government relations for Check into Cash, and Erica Sechrist, manager of federal government affairs for Advance America.

Ahead of the conference, Broyles and Sechrist stated they certainly were maybe maybe not going to the conference as a reaction to the conversation. They characterized the see as another opportunity to speak to federal federal government officials throughout the state.

Neither would discuss other towns they will have visited or want to go to.

Broyles and Sechrist said these people were maybe perhaps not authorized to talk further to reporters.

Birmingham, Midfield and Northport have actually passed away moratoriums on short-term financing establishments. Tuscaloosa, Northport’s neighbor, considered a comparable action but has supported down. continue reading