Bad Credit Online Magazine - Daily News and Advice on Credit, Debt and Mortgage : Virginia city struggles to stop payday loan shops growth

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September 11, 2005

Virginia city struggles to stop payday loan shops growth

Colonial Heights in Virginia is trying to find a way to stop the spread of payday loan companies in town.

The town which is rather small, has 14 payday loan type businesses, which is too high for a number of city officials. They go as far as trying to come up with certain type of permits or zoning requirements to curtail the growing number of payday loan outfits.

 
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