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Home » Store » News » Philly Bans Abusive Lending, Critics Vow to Block Measure

Philly Bans Abusive Lending, Critics Vow to Block Measure

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The Philadelphia City Council last week unanimously approved one of the toughest city ordinances against predatory lending in the nation, adding one more to a growing list of municipalities passing laws against such practices. The council voted 16-0 for Bill 715 on April 5, as scores of sign-carrying, anti-predatory lending advocates demonstrated outside the building. The demonstrators cheered wildly as news of the council’s vote reached them.
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