Moratorium on Payday Lenders, Liquor, Title and Pawn shops in Ward 4 Moves Ahead
Ward 4 Councilman De'Keither Stamps's moratorium on pawn stores, payday loan providers and alcohol shops in their ward gained the complete support for the City Council's preparing Committee. Picture by Imani Khayyam.
Final Monday the Jackson City Council preparing Committee passed a purchase to curtail the further expansion of "title loan, cash advance, check cashing, alcohol shop and pawn store companies."
"In some areas we now have over-proliferation," Ward 4 Councilman De'Keither Stamps stated, explaining the "30-plus" check-cashing storefronts on Ellis Avenue. "I do not understand whenever we have actually 30 banking institutions in Jackson."