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  • January 23, 2021
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Lewisville eyes community loan center concept as cash advance alternative

Lewisville eyes community loan center concept as cash advance alternative The Lewisville City Council heard a presentation in workshop session Monday that is last night the proposition for developing a Community Loan Center (CLC). A CLC would form teams employers within the town by 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. Nevertheless when they asked for alternatives before continuing into legislation, Assistant City Manager Claire Swann positioned the CLC concept as an option to payday lending that will...
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