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Buffer zones between Ottawa’s payday loan providers regarding the dining dining dining table

Buffer zones between Ottawa’s payday loan providers regarding the dining dining dining table

City’s current stores is grandfathered in less than staff guidelines

Suggestions by city staff are calling for restrictions on where payday loan providers can put up store in Ottawa.

In a written report towards the preparation committee and town council, staff favour a minimum separation distance of 1 kilometre between pay day loan establishments, which could charge very high rates of interest for payday loans.

Many outlets are clustered along Montreal path in Vanier, Bank Street in Centretown and St. Joseph Boulevard in OrlГ©ans.

Watson stated having a glut of organizations such as for example these is not beneficial to the residents or economy of the neighbourhood. (više…)

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