Berkeley payment wishes limit on predatory loan providers

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BERKELEY — Deriding payday and red slide loan companies as “predatory” and “usurious,” preparation commissioners searched at their Dec. 3 conference for approaches to prohibit, or at minimum restriction, the amount of such companies when you look at the town.

“On one hand, i wish to be rid for this noxious (business),” Commissioner Dan Lindheim stated. “On one other hand, i wish to make certain there clearly was some center within the town for those who require this noxious (solution).”

City staff will utilize the commissioners’ conversation to frame the matter on managing loan that is payday at a City Council general general public hearing, probably in February. Continue reading Berkeley payment wishes limit on predatory loan providers

Understanding and avoiding wage garnishment in Mississippi

Those dealing with wage garnishment in Mississippi are very well encouraged to know about their liberties.

In the event that you owe cash for charge cards, medical bills along with other unsecured outstanding debts, wage garnishment is just one of the methods that the creditors can collect what’s owed. You might already know that wage garnishment is a court purchase that will require your boss to create apart a portion of one’s paycheck for your debts. It is important to know that there are limitations on how much may be garnished as well as understand that there are ways of avoiding this unpleasant process completely if you are facing the possibility of garnishment. Continue reading Understanding and avoiding wage garnishment in Mississippi