Cash advance ruling prefers city of Midland

Cash advance ruling prefers city of Midland

A court ruling that upholds the city of Dallas’ payday loan industry laws had been met with blended but apparent results from regional events that anticipate the same lawsuit locally.

The town of Midland, get yourself ready for enforcement of the payday that is own loan on Sept. 1, views the May 23 Fifth District Court of Appeals’ decision as helpful.

“It can be an appellate court precedent that is in support of the town of Midland,” said John Onhemiller, very first assistant city lawyer.

Andy Lasater, owner of three About money stores in the region and a vocal opponent for the proposed Midland ordinance, said the specific situation happening in Dallas is not relevant to Midland. The information he has put together from their stores are “in conflict” as to what the Midland ordinance will be based upon, he stated. (mais…)

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