If a legal business offers a product like pay day loans – a product for which there is a proven demand – the efforts of local governments to restrict payday loan lenders through cutthroat zoning policies are at best questionable, says the Payday Pundit. NWI.com reports the Lansing, Mich., Planning and Zoning Board are looking for ways to revise ordinances to phase bad credit loans out of town. Cutting legal, profitable, in-demand companies out of the picture is a poor choice, considering that Michigan’s HB 4214 is holding the financial martial law ax over every struggling town in the state. Source of article – Lansing says no to payday lending as Michigan economy flails by MoneyBlogNewz.
Changing ’special use’ provisions now
Lansing’s Planning and Zoning Board of Appeals has been poring over the city’s “special use” zoning provisions, ostensibly as a check-up to see if any changes need to be made. The suggestions that targeted payday lenders are not a coincidence. Bad credit loan companies help a city’s economy while helping those in need of a little boost here and there although it might help to talk about parking near churches in residential neighborhoods and making sure there are fewer in home day centers.
The zoning changes say that there cannot be any new payday advance outlets in Lansing although this is something that might end up leading to more issues in the future, some suggest. Trustee Mikal Stole said to NWI that they’re simply trying to encourage “more variety in the types of companies.
Several fighting
The state government would be able to “force a municipality” such as putting Lansing into bankruptcy with its “financial czar” (EFM) according to Detroit Rep. John Conyers while it is “an assault on democracy” according to AFL-CIO president Mark Gaffney. This is how Michigan House Bill 4214 has already caused some issues. A new Emergency Financial Manager will start to have control as the Benton Harbor, Mich., official’s powers have been superseded . The economy of the small town might be bad enough to warrant dissolution, a power HB 4214 grants to a governor-appointed EFM.
According to the Rachel Maddow Blog, Benton Harbor’s per capita income is $8,965, the lowest in Michigan. From Benton Harbor, you just have to cross the St. Joseph River to get a better number. The PCI is at $24, 949 in “Twin City” St. Joseph. This is significant because Benton Harbor is the home of the Whirlpool company, which is celebrating its 100th anniversary this year. The company is in St. Joseph, “on the other side of the tracks,” celebrating this.
The business staying at home is something the Benton Harbor business individuals would like. When it comes to payday advance, Lansing should be concerned about keeping its moneymakers around because a financial czar could possibly be waiting in the wings.
Information from
The Maddow Blog
maddowblog.msnbc.msn.com/_news/2011/04/18/6489195-whats-at-stake-in-benton-harbor
NWI Times
nwitimes.com/news/local/govt-and-politics/article_61f251e3-379e-5576-adde-8954a51e9131.html
Payday Pundit
paydaypundit.org/2011/04/18/too-prominent/
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