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Lewisville eyes community loan center concept as pay day loan alternative

The Lewisville City Council heard a presentation in workshop session final Monday evening about the proposition for developing a Community Loan Center (CLC). A CLC would synergy employers within the town having a organization that is non-profit offer lower-interest loans as much as $1,000, reimbursed via payroll deductions.

The council has looked over managing the lending industry that is payday. Continuer la lecture