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 producing a Community Loan Center (CLC). A CLC would synergy employers within the town having a non-profit company to offer lower-interest loans as much as $1,000, repaid via payroll deductions. The council has looked over managing the lending industry that is payday. However when they asked for…

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