BELLEVILLE — Paul Carr had been driving along Belleville’s North Front Street of a 12 months . 5 ago when he became troubled by the expansion of pay day loan shops.
“They was showing up quite quickly. ‘There’s a different one. There is a different one.’ We began observing I was thinking, this is unbelievable how quickly they’re coming into our community,” says Carr, a councillor in Belleville that they were like almost a block apart, and. He counts 10 cash advance stores in this populous town of approximately 50,000 individuals. “We have high poverty price inside our region … and therefore it stressed me that all these high-interest loan providers had been showing up inside our community. Exactly how many do we actually need?”