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Ca legislature may expand lending Mission that is limit.The District a locus of payday lending.

Photo by Jason Winshell/Public Press

LEGISLATION: Lawmaker would like to raise loan that is payday to $500; other people want restrictions

“Fast Easy Cash when you need it!” That’s the vow regarding the cover of a software for the “cash ’til payday” loan from DFC worldwide Corp.

The business runs eight Money Mart stores in San Francisco, significantly more than any other payday loan provider. Anybody at the least 18 yrs old by having a banking account, contact number, picture ID, and task or “steady revenue stream” (rather than in bankruptcy or behind on another repayment) could possibly get financing.

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