Council Member Ash Kalra: Exactly How Local Leaders are Handling the Cash Advance Crisis

Council Member Ash Kalra: Exactly How Local Leaders are Handling the Cash Advance Crisis

A visitor article from San Jose Council Member Ash Kalra with respect to Silicon Valley Community Foundation.

On January first, a huge selection of brand brand new regulations went into impact in California, which range from enacting stricter weapon controls to legalizing driver licenses for undocumented immigrants. Regrettably, none among these laws that are new protect Ca customers through the high-cost, predatory payday lenders proliferating throughout our state. This is an area in which our state legislature has repeatedly failed to take action while 17 other states and the District of Columbia have implemented laws that restrict payday loans. Continue reading “Council Member Ash Kalra: Exactly How Local Leaders are Handling the Cash Advance Crisis”