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City Hall wrestles with limits on payday lenders | TheGazette

CEDAR RAPIDS — City officials are wrestling with a new ordinance that would limit where payday lending shops with super-high-interest rates can locate in the city and in what concentrations.

The City Council’s three-member Development Committee on Tuesday pushed ahead the proposed city ordinance to the full City Council for a May hearing, but not without serious questions.

via thegazette.com

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